Sony Corp. reported a net profit of ¥88 billion, or $811 million, for the past business year, a 60% more than anlaysts' estimates due to foreign exchange and tax-related gains. 

The electronics conglomerate said it would also benefit from improved earnings at its movie and financial divisions.

Mobile phone unit Sony Ericsson, a venture between Sony and Swedish network maker Ericsson, chipped in with a strong quarterly profit, reported Monday, that was double analysts' estimates as it grabbed share from competitors.