The Walt Disney Co. reported strong operating results across all its business units for the second quarter resulting in a 27 percent increase in net income, the company announced. The Burbank-based media conglomerate had a net income of $931 million, or $0.44 per diluted share, on revenues of $8.1 billion for the quarter ending March 31. That is a 27 percent increase over the $733 million in net income, or $0.37 per diluted share, on revenues of $8 billion for the same period in 2006. Revenues were up for the quarter in the Media Networks, Parks and Resorts and Consumer Products divisions. The Studio Entertainment division had a 13 percent drop in revenues with $1.5 billion compared to the $1.8 billion for the second quarter of 2006. The decrease was partially due to fewer titles being released during the first three months of the year.