It is a broadly described annual report of Indian Oil Corporation Limited in the year of 2012-2013. During the financial year, Total assets of the Company stood at Rs. 223,995.27 Crore. The turnover of the Corporation (inclusive of excise duty) for the year 2012-13 was Rs. 4,14,909 Crore as compared to Rs. 3,73,926 Crore in the previous year. The Corporation has earned a Profit before Tax of Rs. 5,648 Crore in 2012-13 as compared to Rs. 3,754 Crore in 2011-12. The Corporation has earned a Profit after Tax of Rs. 5,005 Crore during the current financial year as compared to Rs. 3,955 Crore in 2011-12. During the year, the Corporation earned Rs. 18,559 Crore in foreign currency as against Rs. 19,811 Crore in 2011-12. Earnings per Share (EPS) work out to Rs. 20.61 for the current year as compared to Rs. 16.29 in the previous year.
The Board of Directors of the Company is pleased to recommend a dividend of @62%, i.e., Rs. 6.20 per equity share of Rs. 10/- each, on the Paid-up Share Capital as against Rs. 5.00 per share in the previous year.
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