Ethical Compliance
WELSPUN CORP
Sector:
Basic Materials
Industry:
Steel
Market Cap Class:
large
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.
