Ethical Compliance

VARUN BEVERAGES

Revenue

0.2%

Debt

35.8%

Liquidity

3%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Revenue From Operations
₹13,390.56

Questionable

INR Crores

Non Compliant

INR Crores

  Other Income(interest)
₹38.85

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹38.85
Total:₹38.85
Total Revenue:₹15,696.28

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹38.85

₹15,696.28

= 0.2%

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.