Mukta Arts Ltd. — Earnings Release 2024

Feb 14, 2024

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14[th] February, 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 14[th] February, 2024 with respect to the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31[st] December, 2023.

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: 2024.02.14 17:12:56 +05'30'

Hemal N. Pankhania Company Secretary & Compliance Officer

Encl. a/a

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MUKTA PRESS RELEASE

Mukta Arts posts standalone and consolidated profits in its Q3 FY24 results

Mumbai, February 14, 2024:

Mukta Arts Limited, India’s leading group into entertainment, exhibition and education businesses, today announced its financial results for the quarter ended on December 31, 2023, as approved by its Board of Directors.

The Standalone revenue of Rs.1,224 lacs for the Third Quarter, 17% over its revenue for the previous Quarter and a Profit after tax of Rs.240 lacs, a healthy 20% on topline.

Whistling Woods International, its subsidiary in the film and media education business, recorded a turnover of Rs.1,399 lacs for the Quarter, taking its 9 month revenue to Rs.4,045 lacs.

Mukta A2 Cinemas, the domestic exhibition arm, benefitted from the continuing run of strong movie releases to post revenue of Rs.2,686 lacs for the Third Quarter, and year to date of Rs.8,243 lacs. This was based on strong growth in occupancy, ticket prices and f&b sales.

At the end of the Third Quarter, Consolidated Revenue to date stands at Rs.15,998 lacs and the business has continued to remain profitable, showing signs that the uncertainty of the pandemic may now have been erased.

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