Mukta Arts Limited Standalone Q3 Revenue remains at the same level as Q2 but on lower finance cost results in a positive PBT of Rs. 13 lacs and Rs. 318 lacs for the 9 months.
Whistling Woods International, its subsidiary in the education business posted a 38% growth in revenue from Rs. 1018 lacs in Q3 of 2019 to Rs. 1407 lacs in Q3 of 2020. Its bottom line is now stable with a PAT of Rs. 221 lacs against a 2019 full year PAT of only Rs. 62 lacs.
The subsidiaries in the cinema space saw stable revenues in the quarter ended. Mukta A2 EBITDA margin was 14% in the quarter.
Mukta A2 CINEMAS, a fast growing cinema chain in India was founded by Mr. Subhash Ghai, the Showman of Bollywood, one of the most prominent Film Directors in India, with an aim to provide a Multiplex experience at affordable prices, the company currently has 34 properties with 72 screens and an International presence with a 6 screen Multiplex in the Kingdom of Bahrain. Mukta A2 Cinemas provides its patrons with state-of-the-art sound, 3-D picture quality with comfortable seating, a soothing and elegant ambience and a sumptuous array of food & beverages. The cinemas offer a high standard of services that are upheld by a young and dynamic team of professionals with a strong background in the exhibition industry.