From 1983 to 1987 she acted in the theatre group "The Puppet Show" organized by her and Igor Talkov.

Margarita became particularly popular in the late 1970s, after the release of a costumed musical TV films The Dog in the Manger and D'Artagnan and Three Musketeers.

And more international co-productions came after, including George Cukor's The Blue Bird (1976) and Konrad Wolf's Mama, I'm Alive (1977).

[8][9] In 2005 she made her debut as a director, shooting the film The Seagull based on the work of Anton Chekhov.

[10][11] Since then, Terekhova has retired from acting and almost never gives interviews due to her struggle with Alzheimer's disease.