Ethical Compliance

MONTE CARLO FASHIONS.

MONTE CARLO FASHIONS.

Revenue

2.4%

Debt

14.3%

Liquidity

0.5%

Revenue

Debt

Liquidity

2.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Apparels
₹1,060.56

  Other Operating Revenue
₹1.35

  Other Income
₹1.81

Questionable

INR Crores

  Net gain on sale of investments
₹10.06

Non Compliant

INR Crores

  Interest income
₹15.63

INR Crores

Revenue from Questionable Sources:₹10.06
Revenue from Non Compliant Sources:₹15.63
Total:₹25.69
Total Revenue:₹1,089.41

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹25.69

₹1,089.41

= 2.4%

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.