Ethical Compliance

NAVA

Revenue

2.4%

Debt

4.2%

Liquidity

3.2%

Revenue

Debt

Liquidity

2.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Ferro alloys, Power, Coal
₹3,801.96

  Other Operating Revenue
₹16.16

  other income
₹42.42

Questionable

INR Crores

  Investment gain
₹25.86

Non Compliant

INR Crores

  Interest Income
₹68.63

INR Crores

Revenue from Questionable Sources:₹25.86
Revenue from Non Compliant Sources:₹68.63
Total:₹94.49
Total Revenue:₹3,955.03

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹94.49

₹3,955.03

= 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.