Ethical Compliance

SPIC

Revenue

0.9%

Debt

26.7%

Liquidity

11.6%

Revenue

Debt

Liquidity

0.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Products
₹1,864.76

  Other Operating Income
₹10.16

Questionable

INR Crores

  Other Income
₹16.62

Non Compliant

INR Crores

INR Crores

Revenue from Questionable Sources:₹16.62
Revenue from Non Compliant Sources:₹0.00
Total:₹16.62
Total Revenue:₹1,943.86

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹16.62

₹1,943.86

= 0.9%

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.