Ethical Compliance

VRL LOGISTICS
Sector:
Industrials
Industry:
Trucking
Market Cap Class:
small
Revenue
0.1%
Debt
12.6%
Liquidity
0.9%
Revenue
Debt
Liquidity
0.1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
goods Transport | ₹2,854.51 |
Transport of Passengers by Air | ₹0.83 |
Courier Service | ₹16.07 |
Sale of scrap materials | ₹17.18 |
Advertisement income | ₹0.03 |
Other Income | ₹19.17 |
Questionable
INR Crores
Net Gain on Sale of Investments | ₹0.06 |
Non Compliant
INR Crores
Interest income | ₹1.87 |
INR Crores
Revenue from Questionable Sources: | ₹0.06 |
Revenue from Non Compliant Sources: | ₹1.87 |
Total: | ₹1.93 |
Total Revenue: | ₹2,909.72 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹1.93
₹2,909.72
= 0.1%
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.