MUMBAI: Mukta Arts has posted a net loss of Rs 18.35 million for the fourth quarter of the fiscal ended 31 March 2009, as against net profit of Rs 112.16 million a year ago.

The revenue of the company slumped 47 per cent to Rs 251.01 million as against Rs 433.36 million in the corresponding quarter of the last fiscal.

The total expenditure of the company also came down to Rs 267.86 million in the quarter as compared to Rs 312 million in the prior year.

For the full year, Mukta Arts' net profit fell 66.35 per cent to Rs 43.84 million as against Rs 130.30 million in the previous fiscal. Revenue rose to Rs 1.66 billion, from Rs 1.11 billion in the previous year.

Mukta Arts has four films under production - Right yaaa Wrong (Sunny Deol, Irfan Khan, Konkona Sen, Isha Kopikar); Hello Darling (Celina Jaitley, Gul Panag, Eesha Koppikar, Javed Jaffrey, Chunky Pandey); Paying Guest (Shreyas Talpade, Ashish Choudhary, Vatsal Seth, Javed Jaffrey, Celina Jaitley, Riya Sen, Neha Dhupia, Sayali Bhagat) and Cycle Kick (KP Nishan Nanaiah, Sunny Hinduja, Girija Oak, Ishita Sharma, Dwij Yadav, Tom Alter).