Ethical Compliance
KITEX GARMENTS
Sector:
Consumer Cyclical
Industry:
Apparel Manufacturing
Market Cap Class:
small
Revenue
2.3%
Debt
35.4%
Liquidity
3.6%
Revenue
Debt
Liquidity
2.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Other Operating Revenue | ₹40.26 |
| Sale of Products | ₹576.65 |
Questionable
INR Crores
| Other Income | ₹12.71 |
Non Compliant
INR Crores
| Interest income | ₹1.54 |
INR Crores
| Revenue from Questionable Sources: | ₹12.71 |
| Revenue from Non Compliant Sources: | ₹1.54 |
| Total: | ₹14.25 |
| Total Revenue: | ₹631.17 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹14.25
₹631.17
= 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.
