Ethical Compliance

TVS HOLDINGS

Revenue

13%

Debt

54.1%

Liquidity

7.1%

Revenue

Debt

Liquidity

13%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other operating revenues
₹1,008.80

  Other income
₹34.44

  Sale of product
₹33,525.98

  Sale of traded goods
₹380.72

  sales of service
₹79.13

Questionable

INR Crores

  Net gain on sale / fair valuation of investments
₹65.89

Non Compliant

INR Crores

  Interest Income
₹5,187.06

INR Crores

Revenue from Questionable Sources:₹65.89
Revenue from Non Compliant Sources:₹5,187.06
Total:₹5,252.95
Total Revenue:₹40,282.02

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹5,252.95

₹40,282.02

= 13%

non-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.