Ethical Compliance

MAHINDRA HOLIDAYS

MAHINDRA HOLIDAYS

Revenue

6.6%

Debt

9%

Liquidity

3%

Revenue

Debt

Liquidity

6.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other income
₹71.82

  Vacation Ownership & Resorts Income
₹2,512.28

  Miscellaneous income
₹70.26

Questionable

INR Crores

Non Compliant

INR Crores

  Income From Resorts : Wine and Liquor
₹61.77

  Interest Income
₹126.25

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹188.02
Total:₹188.02
Total Revenue:₹2,842.38

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹188.02

₹2,842.38

= 6.6%

non-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.