Ethical Compliance

KIRLOSKAR INDUSTRIES

Revenue

0.6%

Debt

12.5%

Liquidity

1.2%

Revenue

Debt

Liquidity

0.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Electric Utilities
₹6,210.72

  Other Operating Revenues
₹119.81

Questionable

INR Crores

  Dividend Income
₹16.29

  Investment Gain
₹10.13

Non Compliant

INR Crores

  Interest Income
₹11.44

INR Crores

Revenue from Questionable Sources:₹26.42
Revenue from Non Compliant Sources:₹11.44
Total:₹37.86
Total Revenue:₹6,411.65

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹37.86

₹6,411.65

= 0.6%

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.