Ethical Compliance

KANORIA CHEMICALS & INDUS

Revenue

1%

Debt

34%

Liquidity

0.9%

Revenue

Debt

Liquidity

1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Alco Chemicals
₹567.94

  Solar Power
₹1.67

  Electronic Automotive
₹733.71

  Textile
₹106.51

  Methanol
₹1.16

  Sale of Services
₹44.43

  Other Operating Revenue
₹21.29

  Other Income
₹4.06

Questionable

INR Crores

  Net Gain on Sale of Investments
₹14.93

Non Compliant

INR Crores

  Interest Income
₹0.29

INR Crores

Revenue from Questionable Sources:₹14.93
Revenue from Non Compliant Sources:₹0.29
Total:₹15.21
Total Revenue:₹1,495.99

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹15.21

₹1,495.99

= 1%

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.