Ethical Compliance

ROLEX RINGS

Revenue

0.3%

Debt

1.6%

Liquidity

2.6%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹10.77

  Other Operating Revenue
₹94.65

  Sale of Forged and Machined Components
₹1,127.11

Questionable

INR Crores

  Net Gain on Sale of Investments
₹2.59

Non Compliant

INR Crores

  Interest income
₹1.71

INR Crores

Revenue from Questionable Sources:₹2.59
Revenue from Non Compliant Sources:₹1.71
Total:₹4.30
Total Revenue:₹1,236.82

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹4.30

₹1,236.82

= 0.3%

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.