Ethical Compliance

NAVNEET EDUCATION

NAVNEET EDUCATION

Revenue

0.3%

Debt

14%

Liquidity

1.4%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹8.09

  Sale of Publishing & Stationary Products
₹1,708.56

  Sale of services
₹13.97

  Other Income
₹28.74

Questionable

INR Crores

  Net Gain on Sale of Investments
₹3.43

Non Compliant

INR Crores

  Interest income
₹1.89

INR Crores

Revenue from Questionable Sources:₹3.43
Revenue from Non Compliant Sources:₹1.89
Total:₹5.32
Total Revenue:₹1,764.68

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹5.32

₹1,764.68

= 0.3%

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.