Ethical Compliance

STEELCAST

Revenue

0.5%

Debt

0%

Liquidity

3.9%

Revenue

Debt

Liquidity

0.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹9.06

  Steel Castings
₹400.75

  Other Income
₹0.83

Questionable

INR Crores

  Net Gain on Sale of Investments
₹0.41

Non Compliant

INR Crores

  Interest income
₹1.46

INR Crores

Revenue from Questionable Sources:₹0.41
Revenue from Non Compliant Sources:₹1.46
Total:₹1.87
Total Revenue:₹412.51

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹1.87

₹412.51

= 0.5%

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.