Ethical Compliance

MRF

MRF

Revenue

1%

Debt

7.7%

Liquidity

1.3%

Revenue

Debt

Liquidity

1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Tyres
₹24,979.17

  Sale of services
₹31.64

  Scrap Sales
₹151.12

  Subsidy From State Government
₹7.28

  Other Income
₹52.61

Questionable

INR Crores

Non Compliant

INR Crores

  Interest & other
₹264.23

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹264.23
Total:₹264.23
Total Revenue:₹25,486.05

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹264.23

₹25,486.05

= 1%

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.