MUMBAI: Mukta Arts has posted a net profit of Rs 112.16 million for the fourth quarter of the fiscal ended March 2008, down from Rs 149.78 million a year ago.

Revenue, however, rose to Rs 433.36 million, up from Rs 295.19 million. The company released three films during the quarter - Bombay to Bangkok, Black & White and Marathi blockbuster Valu.

For the full year, Mukta Arts' net profit went up marginally to Rs 141.15 million, as against Rs 137.16 million for FY'07. Revenue rose to Rs 1.09 billion, from Rs 967.43 million in the previous year.

Mukta Arts has six films under production - Right yaaa Wrong (Sunny Deol, Irfan Khan, Konkona Sen, Isha Kopikar); Yuvraj (Salman Khan, Anil Kapoor, Zayed Khan, Katrina Kaif); Kande Pohe (Shreyas Talpade, Tushar Dalvi, Shipa Tulaskar, Subhodh Bhave, Bharti Achrekar); Hello Darling (Celina Jaitley, Gul Panag, Isha 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 (K.P. Nishan Nanaiah, Sunny Hinduja, Girija Oak, Ishita Sharma, Dwij Yadav, Tom Alter)

The earnings per share (face value Rs 5) for the year 2007-2008 was at Rs 6.25. The Board has declared an interim dividend of 40 per cent.