Ethical Compliance

STEEL EXCHANGE INDIA

Revenue

1.9%

Debt

30.2%

Liquidity

1.6%

Revenue

Debt

Liquidity

1.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Products
₹1,099.45

Questionable

INR Crores

  Other Income
₹20.29

Non Compliant

INR Crores

INR Crores

Revenue from Questionable Sources:₹20.29
Revenue from Non Compliant Sources:₹0.00
Total:₹20.29
Total Revenue:₹1,089.17

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹20.29

₹1,089.17

= 1.9%

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.