Ethical Compliance

SPENCER S RETAIL

SPENCER S RETAIL

Revenue

0.6%

Debt

43.2%

Liquidity

2.1%

Revenue

Debt

Liquidity

0.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹108.45

  Department Stores
₹2,236.58

  Other Income
₹14.60

Questionable

INR Crores

  Investment Gain
₹7.15

Non Compliant

INR Crores

  Interest Income
₹6.34

INR Crores

Revenue from Questionable Sources:₹7.15
Revenue from Non Compliant Sources:₹6.34
Total:₹13.49
Total Revenue:₹2,370.63

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹13.49

₹2,370.63

= 0.6%

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.