Mukta Arts reports decent Q1 numbers

Mukta Arts has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 zoomed by 1212.41% at Rs 19.03 crore as compared to Rs 1.45 crore for the corresponding quarter last year. Its income from operation has grown by 28.01% at Rs 42.68 crore for the quarter under review from Rs 33.34 crore for the same quarter last year.

The company has declared an interim dividend of 20% on equity shares of Rs 5 each viz., Re 1 per equity share.

Mukta Arts is engaged in various areas of film making such as production, distribution, exhibition and imparting education.