Ethical Compliance

S. P. APPARELS

Revenue

1.4%

Debt

15.6%

Liquidity

6.9%

Revenue

Debt

Liquidity

1.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Textile Products
₹1,026.50

  Sales of Service
₹4.96

  Other Operating Revenue
₹55.90

  Other Income
₹1.41

Questionable

INR Crores

  Investment Gain
₹10.72

Non Compliant

INR Crores

  Interest Income
₹4.19

INR Crores

Revenue from Questionable Sources:₹10.72
Revenue from Non Compliant Sources:₹4.19
Total:₹14.91
Total Revenue:₹1,103.67

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹14.91

₹1,103.67

= 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.