Ethical Compliance

NMDC STEEL

Revenue

1.3%

Debt

22.6%

Liquidity

2.5%

Revenue

Debt

Liquidity

1.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Steel Products
₹3,048.99

  Other Income
₹77.91

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹41.38

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹41.38
Total:₹41.38
Total Revenue:₹3,168.28

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹41.38

₹3,168.28

= 1.3%

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.