Ethical Compliance

WALCHANDNAGAR INDUSTRIES

WALCHANDNAGAR INDUSTRIES

Revenue

0.9%

Debt

27.5%

Liquidity

12.6%

Revenue

Debt

Liquidity

0.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Engineering Products and Engineering Services
₹302.35

  Other Income
₹18.26

Questionable

INR Crores

Non Compliant

INR Crores

  Interest income
₹2.94

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹2.94
Total:₹2.94
Total Revenue:₹323.55

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹2.94

₹323.55

= 0.9%

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.