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Matrimony.com Ltd Q1FY24; 17% rise in Profits

Matrimony.com Ltd is engaged in offers online matchmaking services on internet and mobile platforms. The Company delivers matchmaking services to users in India and the Indian diaspora through websites, mobile sites and mobile apps complemented by a wide on-the-ground network in India.
Company’s main websites are BharatMatrimony, Community Matrimony, Assisted Matrimony and EliteMatrimony.

Financial Results:

Matrimony.com Ltd reported Revenues for Q1FY24 of ₹123.00 Crores up from ₹116.00 Crore year on year, a rise of 6.03%.

Total Expenses for Q1FY24 of ₹111.00 Crores up from ₹106.00 Crores year on year, a rise of 4.72%.

Consolidated Net Profit of ₹14.00 Crores up 16.67% from ₹12.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.37, up 22.03% from ₹5.22 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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