Ethical Compliance

OIL AND NATURAL GAS CORP.

OIL AND NATURAL GAS CORP.

Revenue

1.4%

Debt

16.9%

Liquidity

5.2%

Revenue

Debt

Liquidity

1.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Crude Oil and Natural Gas
₹6,40,100.36

  Other Operating Income
₹2,936.65

  Other Income
₹3,177.33

Questionable

INR Crores

  Investment Gain
₹4,773.41

Non Compliant

INR Crores

  Interest Income
₹4,271.20

INR Crores

Revenue from Questionable Sources:₹4,773.41
Revenue from Non Compliant Sources:₹4,271.20
Total:₹9,044.61
Total Revenue:₹6,55,258.94

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹9,044.61

₹6,55,258.94

= 1.4%

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.