Ethical Compliance

KITEX GARMENTS

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.