Ethical Compliance

NITIN SPINNERS

Revenue

0%

Debt

49.3%

Liquidity

0%

Revenue

Debt

Liquidity

0%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Yarn
₹1,995.52

  Sale of Fabric
₹716.34

  Sale of Other Products
₹169.21

  Sale of Services
₹0.04

  Foreign Exchange Fluctuation
₹24.54

  Other Income
₹0.99

Questionable

INR Crores

Non Compliant

INR Crores

  Interest income
₹1.26

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹1.26
Total:₹1.26
Total Revenue:₹2,907.90

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹1.26

₹2,907.90

= 0%

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.