Ethical Compliance

VADILAL INDUSTRIES

VADILAL INDUSTRIES

Revenue

0.3%

Debt

12.9%

Liquidity

5.8%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹2.57

  Finished Goods
₹1,122.76

  Other Income
₹9.17

Questionable

INR Crores

  Investment Gain
₹1.47

Non Compliant

INR Crores

  Interest Income
₹1.86

INR Crores

Revenue from Questionable Sources:₹1.47
Revenue from Non Compliant Sources:₹1.86
Total:₹3.33
Total Revenue:₹1,137.83

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹3.33

₹1,137.83

= 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.