Ethical Compliance

LG BALAKRISHNAN & BROS

Revenue

1.8%

Debt

4.4%

Liquidity

16.1%

Revenue

Debt

Liquidity

1.8%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

   Transmission
₹1,72,916.34

   Metal Forming
₹46,272.08

  Sale of services
₹311.20

  Other Operating Revenue
₹15,104.97

  Other Income
₹616.74

Questionable

INR Crores

  Dividend income
₹49.84

Non Compliant

INR Crores

  Interest income
₹4,276.02

INR Crores

Revenue from Questionable Sources:₹49.84
Revenue from Non Compliant Sources:₹4,276.02
Total:₹4,325.86
Total Revenue:₹2,39,547.19

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹4,325.86

₹2,39,547.19

= 1.8%

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.