Ethical Compliance

VARROC ENGINEERING.

VARROC ENGINEERING.

Revenue

0.1%

Debt

26.5%

Liquidity

2.9%

Revenue

Debt

Liquidity

0.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Electrical & Automotive Lighting Auto Parts
₹7,349.90

  Other Operating Income
₹202.04

  Other Income
₹32.79

Questionable

INR Crores

  Investment Gain
₹1.88

Non Compliant

INR Crores

  Interest Income
₹7.48

INR Crores

Revenue from Questionable Sources:₹1.88
Revenue from Non Compliant Sources:₹7.48
Total:₹9.35
Total Revenue:₹7,594.07

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹9.35

₹7,594.07

= 0.1%

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.