Media firm UTV Software Communications on Monday reported over two-fold increase in its consolidated net profit for the year ended March 31, 2011 at Rs. 135.47 crore.

For the 12 months ended March 31, 2010, the company’s net profit was Rs. 53.33 crore.

Its sales for the year ended March 31, 2011 increase 39.97 per cent to Rs. 929.50 crore from Rs. 664.05 crore in the previous fiscal, it said in a filing to the Bombay Stock Exchange.

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