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Mukta Arts Ltd. — Earnings Release 2024
May 28, 2024
61171_rns_2024-05-28_90aad740-1cce-4df4-8bc5-ed0df25c0b9c.pdf
Earnings Release
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28[th] May, 2024
| To, | To, |
|---|---|
| BSE Limited | National Stock Exchange of India Limited |
| Phiroze Jeejeebhoy Towers, | Exchange Plaza, Bandra Kurla Complex, |
| Dalal Street, Mumbai – 400001 | Bandra (East), Mumbai – 400051 |
| Scrip Code: 532357 - EQ | Symbol: MUKTAARTS - EQ |
Kind Attn: Corporate Relations Department
Dear Sir/Madam,
SUB: PRESS RELEASE – INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith Press Release dated 28[th] May, 2024 with respect to the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended 31[st] March, 2024.
Kindly take the information on your records.
Thanking you.
Yours faithfully,
For Mukta Arts Limited
HEMAL NAROTAM Digitally signed by HEMAL NAROTAM PANKHANIA PANKHANIA Date: 2024.05.28 17:23:30 +05'30'
Hemal N. Pankhania
Company Secretary & Compliance Officer
Encl. a/a
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MUKTA PRESS RELEASE
Mukta Arts consolidated revenue crosses Rs.200 crores in FY24 results
Mumbai, May 28, 2024
Mukta Arts Limited, India’s leading group into entertainment, exhibition and education businesses, today announced its financial results for the quarter and year ended on March 31, 2024, as approved by its Board of Directors.
The Standalone revenue of Rs.4,352 lacs for the financial year was 29% over its revenue for the previous financial year, with a healthy 24% margin of Profit after tax of Rs.1,044 lacs.
Whistling Woods International, its subsidiary in the film and media education business, recorded a turnover of Rs.5,448 lacs for the financial year, which was comparable to revenue of Rs.5,511 lacs in FY 2023 while EBITDA margin improved from 5% in 2023 to 11% in the current financial year.
Mukta A2 Cinemas, the exhibition arm, closed the year with revenue breaching Rs.100 crore mark with Rs.10,139 lacs up 21% on FY 2023. EBITDA of Rs.1,330 lacs was up 79% year on year.
Screen count grew from 62 screens in March 2023 to 73 screens in March 2024.
At the end of the year, Consolidated Revenue stood at Rs.20,860 lacs, up 20 % from Rs.17,426 lacs in FY 2023 and EBITDA at Rs.2,818 lacs at a margin of 14%.
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