Ethical Compliance

KALYANI STEELS

Revenue

2.3%

Debt

23.2%

Liquidity

21.4%

Revenue

Debt

Liquidity

2.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹29.89

  Rolled Products
₹15.79

   Steel and Iron Products
₹1,913.88

  Other Income
₹1.42

Questionable

INR Crores

  Net Gain on Sale of Investments
₹0.49

Non Compliant

INR Crores

  Interest income
₹44.92

INR Crores

Revenue from Questionable Sources:₹0.49
Revenue from Non Compliant Sources:₹44.92
Total:₹45.41
Total Revenue:₹2,006.32

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹45.41

₹2,006.32

= 2.3%

compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.