Ethical Compliance
VLS FINANCE
Sector:
Financial Services
Industry:
Capital Markets
Market Cap Class:
small
Revenue
14.4%
Debt
0%
Liquidity
1.2%
Revenue
Debt
Liquidity
14.4%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Questionable
INR Crores
| Other Operating Income | ₹3.27 |
| Dividend | ₹15.90 |
| Net Gain/(loss) on Fair Value Changes | ₹15.90 |
Non Compliant
INR Crores
| Other Income Including Interest Income | ₹11.17 |
| Interest Income | ₹14.15 |
INR Crores
| Revenue from Questionable Sources: | ₹35.07 |
| Revenue from Non Compliant Sources: | ₹25.32 |
| Total: | ₹60.39 |
| Total Revenue: | ₹418.20 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹60.39
₹418.20
= 14.4%
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.
