The media company reported revenues up 7% to $7.96bn in the quarter ending 31 September, compared to the previous year. Net profits slipped 5% to $738m.
The reporting of News Corporation's financial figures comes just a week before James Murdoch, deputy chief operating officer of News Corporation, is due to return to face MPs in a House of Commons select committee hearing.
News Corporation's financial performance was hit by a number of one-off charges, including a $91m charge primarily relating to its UK newspaper business and a fee related to News Corporation's withdrawl of its bid for BSkyB.
News Corporation ditched its bid for BSkyB in the wake of the phone-hacking scandal which forced the closure of its Sunday tabloid, The News of the World.
But the performance of other parts of Rupert Murdoch's company helped its financial performance.
Murdoch, chief executive and chairman of News Corporation, said: "The exceptional strength of our financial results during the first quarter across the majority of our segments is confirmation that News Corporation's core operations are strong and that we are on course to achieve our strategic and financial objectives."
Revenue growth was driven primarily by its TV, cable and satellite operations, which outperformed revenue growth at its publishing operations.
Operating income at News Corporation's cable division, which accounts for 56% of its operating income, grew from $659m to $775m in the quarter.
The group said its cable division had benefited from its Fox News channel reporting its 56th consecutive quarter of operating profit growth, and additional revenues from its international cable division.
Operating income at filmed entertainment was up from $280m to $347m.
The division said it had benefited from the release of 'Planet of the Apes' and other big ticket film releases. It said the film had generated more than $450m in global box office receipts to date.
Operating income at television was up from $105m to $133m in the period, benefiting from increased advertising revenues and revenues from the 2011 Emmy Awards.
Satellite television income rose from $82m to $119m, helped by lower programming costs.
Publishing income fell to $110m from $178m a year ago, hit by the closure of the News of the World and lower advertising revenues at its Australian newspaper division.
But the company said this was partially offset by an improved performance from The Wall Street Journal.
News Corp said the decline in operating income reflected the impact of the closure of The News of the World and lower advertising revenue in Australia.
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