Ethical Compliance

THE PHOENIX MILLS

Revenue

2.9%

Debt

23.9%

Liquidity

3.7%

Revenue

Debt

Liquidity

2.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Real State Income
₹3,977.69

Questionable

INR Crores

  Investment Gain
₹67.63

Non Compliant

INR Crores

  Interest Income
₹50.54

INR Crores

Revenue from Questionable Sources:₹67.63
Revenue from Non Compliant Sources:₹50.54
Total:₹118.17
Total Revenue:₹4,109.87

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹118.17

₹4,109.87

= 2.9%

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.