Ethical Compliance

STEEL AUTHORITY OF INDIA

STEEL AUTHORITY OF INDIA

Revenue

0.3%

Debt

21.7%

Liquidity

0.5%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Iron and Steel
₹1,04,547.81

  Sale of Services
₹19.93

  Other Operating Revenue
₹810.59

  Other Income
₹744.92

Questionable

INR Crores

  Dividend income
₹5.52

Non Compliant

INR Crores

  Interest Income
₹316.52

INR Crores

Revenue from Questionable Sources:₹5.52
Revenue from Non Compliant Sources:₹316.52
Total:₹322.04
Total Revenue:₹1,06,445.29

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹322.04

₹1,06,445.29

= 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.