MUMBAI: Mukta Arts has posted a net profit of Rs 10.68 million for the quarter ended 30 September 2008, as against Rs 5.86 million in the same prior-year period.

The company’s income from operations has increased to Rs 346.43 million, versus Rs 232.59 million for the same quarter last year.

Total expenditure has seen a jump to stand at Rs 339.18 million in the second quarter, as compared to Rs 211.98 million in the corresponding quarter of the previous year.