Ethical Compliance

PIX TRANSMISSIONS

Revenue

1.9%

Debt

6.9%

Liquidity

8.8%

Revenue

Debt

Liquidity

1.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹9.09

  Export incentives
₹2.27

  Scrap sales
₹1.28

  Belts and related mechanical Power Transmission products
₹489.51

Questionable

INR Crores

  Net Gain on Sale of Investments
₹8.23

Non Compliant

INR Crores

  Interest income
₹1.38

INR Crores

Revenue from Questionable Sources:₹8.23
Revenue from Non Compliant Sources:₹1.38
Total:₹9.61
Total Revenue:₹511.76

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹9.61

₹511.76

= 1.9%

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.