20 Jun 2019 | 3:45 PM

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COMPANYNEWS
Mukta Arts posts Q4 net profit of Rs 3.74 cr
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Published on 05-21-2019
The company reported standalone net profit during the quarter stood at Rs 3.74 crore compared to net loss of Rs 0.89 crore in the previous year quarter.


Net revenue of the company rose two fold by 257.84 per cent at Rs 10.95 crore in January-March quarter of this fiscal as against Rs 3.06 crore in the corresponding period last year.


During January-March quarter operating expenses increased by 41.94 per cent to Rs 5.99 crore from Rs 4.22 crore in year ago period.


Other Income grew by 3.05 per cent at Rs 2.70 crore versus (Mar`18 Rs 2.62 crore).


Operating Profit surged by 523.93 per cent to Rs 4.96 crore as against Rs -1.17 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 218.74 per cent in March quarter.


Interest declined by 18.18 per cent y-o-y to Rs 1.44 crore while Taxation increased by 879.17 per cent at Rs 1.87 crore (Mar`18 Rs -0.24 crore).