Ethical Compliance

VESUVIUS INDIA

Revenue

1.4%

Debt

0.8%

Liquidity

29.7%

Revenue

Debt

Liquidity

1.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Refractory Goods
₹734.08

  Sale of Refractory Services
₹601.13

  Export Benefit
₹1.35

  Scrap Sales
₹1.14

  Intercompany Service Income
₹4.88

Questionable

INR Crores

  Other Income
₹22.86

Non Compliant

INR Crores

INR Crores

Revenue from Questionable Sources:₹22.86
Revenue from Non Compliant Sources:₹0.00
Total:₹22.86
Total Revenue:₹1,591.21

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹22.86

₹1,591.21

= 1.4%

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.