Ethical Compliance

NRB BEARING

NRB BEARING

Revenue

1.6%

Debt

14%

Liquidity

8.1%

Revenue

Debt

Liquidity

1.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenues
₹21.90

  Sale of Products
₹1,072.13

Questionable

INR Crores

  Other Income
₹16.61

Non Compliant

INR Crores

  Interest Income
₹1.15

INR Crores

Revenue from Questionable Sources:₹16.61
Revenue from Non Compliant Sources:₹1.15
Total:₹17.76
Total Revenue:₹1,111.80

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹17.76

₹1,111.80

= 1.6%

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.