Mukta Arts Ltd's Q3FY25 Quarterly Results

Result Summary

• Mukta Arts Ltd reported a 14.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 9.3%.
• Its expenses for the quarter were up by 7.9% QoQ and down 5.5% YoY.
• The net profit decreased 47.7% QoQ and increased 1042.1% YoY.
• The earnings per share (EPS) of Mukta Arts Ltd declined at 1 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mukta Arts Ltd is a prominent player in the Indian film and entertainment industry, known for its contributions to film production, distribution, and exhibition. The company has a rich legacy in the Bollywood film sector and has ventured into various verticals within the entertainment domain, including digital content and education in film and media. Mukta Arts has been instrumental in producing some critically acclaimed films and continues to maintain a presence in the rapidly evolving entertainment landscape. However, specific recent developments or strategic changes within the company are not provided in the data available.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Mukta Arts Ltd reported a total income of ₹49.87 crores. This represents a 14.2% increase from the previous quarter (Q2FY25), where the total income was ₹43.67 crores. However, when compared year-over-year, there is a decline of 9.3% from the same quarter in the previous year (Q3FY24), where the total income was ₹55.00 crores. These figures highlight the fluctuations in the company's revenue over the specified periods. The sequential increase in revenue indicates a recovery from the prior quarter, albeit still below the income levels seen a year ago.

Profitability

For Q3FY25, Mukta Arts Ltd recorded a loss in profitability with a Profit Before Tax (PBT) of ₹-1.78 crores, improving from the previous quarter's PBT of ₹-4.20 crores. This marks a 57.6% reduction in losses quarter-over-quarter. However, compared to Q3FY24, where the company had a marginal profit of ₹0.32 crores, there is a significant year-over-year decline of 656.3%. The tax expense for Q3FY25 was ₹0.45 crores, an increase from the previous quarter's tax credit of ₹-0.03 crores, and a slight increase from the same quarter last year. Profit After Tax (PAT) stood at ₹-2.17 crores, showing an improvement from the prior quarter's loss of ₹-4.15 crores but a significant YoY decline from the near breakeven point of ₹-0.19 crores in Q3FY24. The Earnings Per Share (EPS) in Q3FY25 was ₹-1.00, compared to ₹-1.80 in Q2FY25, indicating a reduction in losses per share.

Operating Metrics

The total expenses for Mukta Arts Ltd in Q3FY25 were ₹51.65 crores, increasing by 7.9% from Q2FY25, where expenses stood at ₹47.87 crores. Compared to Q3FY24, total expenses decreased by 5.5% from ₹54.63 crores. This reduction in year-over-year expenses highlights a potential adjustment in the company's cost structure. The quarter-over-quarter increase in expenses may affect the company's operational efficiency, but it is coupled with a higher revenue, potentially offsetting the impact on profitability. The data shows the company's efforts in managing its operational costs amidst varying income levels.