Mukta Arts' standalone PBT up from INR 454.90 lacs to INR 904.94 lacs
Mukta Arts Limited ended the year on a positive note with Standalone Q4 Revenue improving 18% from Q3 to Rs 720 lacs. Revenue for the year was Rs 3,258 lacs and PBT Rs 453 lacs.
Whistling Woods International, its subsidiary in the education space posted an 18% growth in revenue from 2019, ending the year at Rs 5583 lacs and a PBT of Rs 397 lacs.
The subsidiaries in the cinema space saw movies underperforming in Q4, further aggravated by the CoVID-19 closures. Accounting policy changes based on IndAS requirements further hit their bottom line.
Date: 29th June 2020, Mumbai