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UTV Software posts Rs 16.3-cr net

Our Bureau

Mumbai , April 27

UTV Software in its consolidated operations has reported a net profit of Rs 16.3 crore for the full year ended March 2005 against Rs 4.7 crore the previous year.

Operating revenues stood at Rs 176.8 crore (Rs 112.5 crore).

UTV has reported more than 58 per cent growth in fiscal 2005 and will continue to be on a growth trajectory in the years to come.

The company's focus on television, film and broadcasting business is expected to be the growth driver, a UTV press release said quoting Mr Ronnie Screwvala, CEO of the company.

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