Ethical Compliance

WELSPUN CORP

WELSPUN CORP

Revenue

0.7%

Debt

16.1%

Liquidity

9%

Revenue

Debt

Liquidity

0.7%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Steel Products
₹16,756.25

  Sale of Services
₹139.36

  Other Operating Revenue
₹443.99

  Other Income
₹112.79

Questionable

INR Crores

  Investment Gain
₹34.58

Non Compliant

INR Crores

  Interest Income
₹95.09

INR Crores

Revenue from Questionable Sources:₹34.58
Revenue from Non Compliant Sources:₹95.09
Total:₹129.67
Total Revenue:₹17,582.06

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹129.67

₹17,582.06

= 0.7%

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.