Annual Report for the FY 2023-24
Awaiting price reaction for this filing.
Matra Kaushal Enterprise Limited filed its 32nd Annual Report for FY 2023-24, showing revenue from operations of Rs. 81.49 lakhs, a marginal rise from Rs. 78.24 lakhs in FY 2022-23. The company posted a net loss of Rs. 12.77 lakhs, significantly narrower than the Rs. 3.90 crore loss reported in the previous year, while basic EPS improved to (0.01) from (0.19). Total expenses dropped sharply from Rs. 4.68 crore to Rs. 94.27 lakhs. The company operates in the electrical industry making voltage stabilizers under the 'UNISTAB' brand. The board did not recommend any dividend, and the 32nd AGM is scheduled for September 30, 2024 at the Secunderabad registered office.
Although the loss narrowed sharply, the company is still in the red with no dividend and weak revenue base, suggesting limited near-term upside for shareholders and continued risk to the stock price.