Ethical Compliance

STEEL STRIPS WHEELS.

Revenue

0.3%

Debt

31.7%

Liquidity

1.3%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Auto Parts
₹4,341.15

  Other Operating Revenue
₹15.94

  Other Income
₹1.58

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹12.08

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹12.08
Total:₹12.08
Total Revenue:₹4,370.75

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹12.08

₹4,370.75

= 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.