Mukta Arts PAT 0.2% for Q2-2014 despite higher q-o-q income

BENGALURU: Mukta Arts Limited (MAL) announced a PAT of Rs 0.1632 crore and total income from operations of Rs 85.16 crore for Q2-2014, which translates roughly to 0.19 per cent. Revenue for Q1-2014 was lower by 19.2 per cent at Rs 71.45 crore, and for the corresponding quarter last year (Q2-2013) it was 11.8 per cent lower at Rs 76.14 crore. Last quarter (Q1-2014) the company had reported a PAT of Rs 0.74 crore or 1.04 per cent of total income from operations.

Let us take a look at the other figures reported for Q2-2014 by MAL

Total expense for Q2-2014 at Rs 84.61 crore was 12.9 per cent higher than the Rs 74.95 crore for Q2-2013 and 20.3 per cent more than the Rs 70.34 crore for Q1-2014.

The largest chunk of expense is producers/distributors share in the case of MAL. The company has reported Rs 78.21 crore (91.8 per cent of total income from operations) towards this head for Q2-2014, which was 8.6 per cent higher than the Rs 72.04 crore (94.6 per cent of total income from operations) for Q2-2013, and 20.4 per cent more than the Rs 64.94 crore (90.9 per cent of total income from operations) for the immediate preceding quarter (Q1-2014).

Segment Revenue

Four segments - Software division; Equipment division; Theatrical Exhibition division; and Others are responsible for revenue for MAL.

MAL?s software division reported revenue of Rs 79.67 crore for Q2-2014, 6.7 per cent higher y-o-y as compared to the Rs 74.75 crore for Q2-2013 and 20.8 per cent higher than the Rs 65.92 crore for Q1-2014. Despite the higher revenue, profit from this segment was less than a fourth (4.21 times less) at Rs 0.35 crore for Q2-2014 as compared to the Rs 1.46 crore for Q1-2013 and just about half the Rs 9.29 crore for Q1-2014.

Its theatrical segment saw a huge jump in revenue at Rs 3.52 crore for Q2-2014 as compared to the Rs 0.1545 crore for Q2-2014, but was 4.3 per cent lower than the Rs 3.68 crore for Q1-2014. This segment saw a loss of Rs (-0.25) crore for Q2-2014 as compared to a profit of Rs 0.08 crore for Q1-2014 and a loss of Rs (-0.04) crore for Q2-2013.

Revenue and results from the other segments was a minor fraction of the overall revenue.

Latest Reads
Manyavar launches sequel to Viruskha ad

Manyavar released a new ad – “Naye Rishtey, Naye Vaade- Hamesha” - taking forward the story of Virat Kohli and Anushka Sharma in the ad.

MAM Media and Advertising Ad Campaigns
Entertainment Goes Online - A $5 Billion Opportunity in India

Over-the-top (OTT) content market in India is at an inflection point in India, as per the latest report by The Boston Consulting Group titled ‘Entertainment Goes Online’. 

MAM Marketing MAM
Future East Film enters the digital segment with new company FED (Future East Digital)

Future East announced its digital counterpart FED (Future East Digital) a creative digital studio, producing branded content, shareable stories and viral moving image work for Instagram, YouTube and the Internet at large. Future East Film

MAM Marketing MAM
Helios Media appoints Raj Shrivastav as chief revenue officer

Helios Media which completes 7 years of operations,has stepped up activities on its food focussed vertical Brand Chef.

MAM Media and Advertising People
Isobar India launches new tool to predict the viral potential of content, real-time!

Isobar India, the digital agency from Dentsu Aegis Network, has announced the launch of ‘viewCent’

MAM Marketing MAM
New Epsilon study reveals that only 2% of consumers choose marketing updates via. SMS as their top preference

Epsilon, a global leader in creating connections between people and brands, today released the commissioned study ‘Marketing In India Is Personal, Not Just Business’ conducted by Forrester Consulting.

MAM Marketing MAM
DHFL Pramerica Life Insurance announces the opening of Application Process for the 9th Annual ‘Pramerica Spirit of Community Awards’

The search for school students who have made a positive difference to society through volunteer community service is now open.

MAM Marketing MAM
Myntra’s Email Campaign Performance Increases by 60% withSmartech’s Proprietary AI-Powered Marketing Suite

Myntra, one of the most recognisable brands in the country’s digital fashion space, continues to benefit greatly fromNetcore’sAI-powered growth marketing platform

MAM Marketing Brands
Abhishek Kapadia joins iGKnights Digital Media Works as COO

Ad network and value-added-services firm iGKnights Digital Media Works has brought on board Abhishek Kapadia as the chief operating officer.

MAM Media and Advertising People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories