Ethical Compliance

PARAG MILK FOODS.

PARAG MILK FOODS.

Revenue

0.2%

Debt

32.4%

Liquidity

1.5%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  milk & Consumer products
₹3,077.67

  Other Operating Revenue
₹61.03

  Other Income
₹20.23

Questionable

INR Crores

  Net Gain on Sale of Investments
₹0.77

Non Compliant

INR Crores

  Interest income
₹4.21

INR Crores

Revenue from Questionable Sources:₹0.77
Revenue from Non Compliant Sources:₹4.21
Total:₹4.98
Total Revenue:₹3,163.91

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹4.98

₹3,163.91

= 0.2%

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.