Indian Oil Corp. Ltd. reported unaudited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the full year ended March 31, 2012. For the quarter, on standalone basis, the company reported net sales or income from operations of INR 1,277,355.0 million compared to INR 982,690.2 million last year. Profit from operations before other income, finance costs and exceptional items was INR 136,521.1 million compared to INR 44,013.1 million last year. Net profit after tax was INR 126,704.3 million or INR 52.19 per basic and diluted share compared to INR 39,051.6 million or INR 16.08 last year. For the year, on standalone basis, the company reported net sales or income from operations of INR 4,328,239.8 million compared to INR 3,272,518.9 million last year. Profit from operations before other income, finance costs and exceptional items was INR 138,546.5 million compared to INR 83,338.1 million last year. Net profit after tax was INR 39,546.2 million or INR 16.29 per basic and diluted share compared to INR 74,454.8 million or INR 30.67 last year. The company invested INR 110 billion towards capital expenditure. For the year, on consolidated basis, the company reported net sales or income from operations of INR 4,072,314.3 million compared to INR 3,089,159.9 million last year. Profit from operations before other income, finance costs and exceptional items was INR 144,106.6 million compared to INR 96,519.9 million last year. Net profit after tax was INR 42,652.7 million or INR 17.41 per basic and diluted share compared to INR 80,856.2 million or INR 32.25 last year. The company provided capital expenditure guidance for the year ending March 31, 2013. For the period, the company expects to spend INR 100 billion towards capital expenditure.