Earnings central: How corporate India performed in Q4

Corporate earnings are the barometer of markets' performance. Not surprisingly, the markets have failed to go anywhere as more and more companies have reported average numbers.

Many analysts had expected FY12 earnings to be in the range of 18-21 per cent. But macroeconomic headwinds and global upheavals have meant that earnings estimates have been downgraded to 15-18 per cent range.

Here is a look at India's biggest corporate results for the fourth quarter.