Mukta Arts Consolidated EBITDA grows by 39%

Mukta Arts Limited has seen its EBITDA for the year grow to Rs 14 crores from Rs 11 crores in 2018 and Net profit to Rs 3.88 crores from Rs 1.49 crore in 2018. The Board has approved Dividend of 25%.

Whistling Woods International, its subsidiary in the education business posted a 17% growth taking its turnover to Rs 47 crores and continuing to remain PAT positive. It ended the year with 1043 students as against 950 in 2018.

The subsidiaries in the cinema space, operating under the Mukta A2 brand in India and Bahrain, posted a consolidated turnover of Rs 104 crores up 35% from Rs 77 crores in 2018. Screen count grew from 55 in 2018 to 64.

The Consolidated turnover grew from Rs 135 crores in 2018 to Rs 174 crores with an EBITDA of Rs 27 crores up 39% on its 2018 EBITDA of Rs 19 crores.

Read more: Media News 4u