Ethical Compliance

VIPUL

VIPUL

Revenue

45.6%

Debt

15%

Liquidity

3.9%

Revenue

Debt

Liquidity

45.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of services
₹28.16

  Real Estate Sale
₹178.33

  Other Income
₹31.75

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹199.82

  Interest on Income Tax Refund
₹0.01

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹199.83
Total:₹199.83
Total Revenue:₹438.38

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹199.83

₹438.38

= 45.6%

non-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.