Ethical Compliance

THE INDIA CEMENTS

Revenue

0.5%

Debt

24.9%

Liquidity

0.1%

Revenue

Debt

Liquidity

0.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Cement
₹4,784.12

  Other Operating Revenue
₹158.31

  Other Income
₹27.76

Questionable

INR Crores

  Investment Gain
₹16.56

Non Compliant

INR Crores

  Interest Income
₹10.00

INR Crores

Revenue from Questionable Sources:₹16.56
Revenue from Non Compliant Sources:₹10.00
Total:₹26.56
Total Revenue:₹4,996.76

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹26.56

₹4,996.76

= 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.