Ethical Compliance

VIP INDUSTRIES

VIP INDUSTRIES

Revenue

0.2%

Debt

25.8%

Liquidity

2.2%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other operating revenue
₹7.14

   Bags and Accessories
₹2,237.82

  other income
₹7.25

Questionable

INR Crores

  investment gain
₹1.64

Non Compliant

INR Crores

  Interest Income
₹2.86

INR Crores

Revenue from Questionable Sources:₹1.64
Revenue from Non Compliant Sources:₹2.86
Total:₹4.50
Total Revenue:₹2,256.71

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹4.50

₹2,256.71

= 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.