{"id":152084,"date":"2023-08-09T11:12:33","date_gmt":"2023-08-09T15:12:33","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152084"},"modified":"2023-08-09T11:12:34","modified_gmt":"2023-08-09T15:12:34","slug":"matrimony-com-ltd-q1fy24-17-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/matrimony-com-ltd-q1fy24-17-rise-in-profits\/","title":{"rendered":"Matrimony.com Ltd Q1FY24; 17% rise in Profits"},"content":{"rendered":"\n<p>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.<br>Company&#8217;s main websites are BharatMatrimony, Community Matrimony, Assisted Matrimony and EliteMatrimony.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Matrimony.com Ltd reported Revenues for Q1FY24 of \u20b9123.00 Crores up from \u20b9116.00 Crore year on year, a rise of 6.03%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9111.00 Crores up from \u20b9106.00 Crores year on year, a rise of 4.72%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b914.00 Crores up 16.67% from \u20b912.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b96.37, up 22.03% from \u20b95.22 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-470.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-470-839x1024.png\" alt=\"\" class=\"wp-image-152085\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-470-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-470-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-470-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-470-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-470.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s main websites are BharatMatrimony, Community Matrimony, Assisted Matrimony and EliteMatrimony. Financial Results: Matrimony.com [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,8],"tags":[11839,12766],"class_list":["post-152084","post","type-post","status-publish","format-standard","hentry","category-infographics","category-technology-stocks","tag-matchmaking","tag-media-platform"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":148048,"url":"https:\/\/alphastreet.com\/india\/matrimony-com-limited-q4fy23-earnings\/","url_meta":{"origin":152084,"position":0},"title":"Matrimony.com Limited Q4FY23 Earnings","author":"Karan_Singh","date":"June 1, 2023","format":false,"excerpt":"Online matchmaking services are provided by Matrimony.com Ltd on desktop and mobile platforms. In addition to a large on-the-ground network in India, the company offers matchmaking services to consumers in India and the Indian diaspora via websites, mobile sites, and mobile apps.BharatMatrimony, Community Matrimony, Assisted Matrimony, and EliteMatrimony are the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1350051783.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":142366,"url":"https:\/\/alphastreet.com\/india\/matrimony-com-limited-q3fy23-earnings-story\/","url_meta":{"origin":152084,"position":1},"title":"Matrimony.com Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 21, 2023","format":false,"excerpt":"Online matchmaking services are provided by Matrimony.com Limited on desktop and mobile platforms. In addition to a large on-the-ground network in India, the company offers matchmaking services to consumers in India and the Indian diaspora via websites, mobile sites, and mobile apps. Financial Results: Matrimony.com Ltd.\u2019s revenue in Q3FY23 rose\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":143703,"url":"https:\/\/alphastreet.com\/india\/the-business-model-of-matrimony-com\/","url_meta":{"origin":152084,"position":2},"title":"The Business Model of Matrimony.com","author":"Karan_Singh","date":"April 14, 2023","format":false,"excerpt":"\u201cOn the outlook for Q4 margins, we expect matchmaking EBITDA to bounce back to the levels of quarter 4 of FY \u201922. And we expect quarter 4 PAT to be at the same levels of quarter 3. Just one point to note that even though we had a one-time profit\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1350051783.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":145497,"url":"https:\/\/alphastreet.com\/india\/matrimony-com-q4fy23-3-fall-in-profits\/","url_meta":{"origin":152084,"position":3},"title":"Matrimony.com Q4FY23; 3% Fall in Profits","author":"Karan_Singh","date":"May 9, 2023","format":false,"excerpt":"Matrimony.com Ltd.\u2019s revenue in Q4FY23 rose 4% to \u20b9 115 crores. Consolidated Profit After Tax came at \u20b9 11 crores in Q4FY23 showcasing a 3% fall in profits on YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-585522866.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140701,"url":"https:\/\/alphastreet.com\/india\/matrimony-com-q3fy23-1-growth-in-profits\/","url_meta":{"origin":152084,"position":4},"title":"Matrimony.com Q3FY23; 1% Growth in Profits","author":"Karan_Singh","date":"February 9, 2023","format":false,"excerpt":"Matrimony.com Ltd.\u2019s revenue in Q3FY23 rose 2% to \u20b9 1,104 millions. Consolidated Profit After Tax came at \u20b9 116 millions in Q3FY23 showcasing a 1% rise on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MATRIMONY.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MATRIMONY.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MATRIMONY.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MATRIMONY.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-MATRIMONY.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":143409,"url":"https:\/\/alphastreet.com\/india\/matrimony-com-limited-q3-fy23-earnings-conference-call-insights\/","url_meta":{"origin":152084,"position":5},"title":"Matrimony.Com Limited Q3 FY23 Earnings Conference Call Insights","author":"Praveen","date":"March 27, 2023","format":false,"excerpt":"Key highlights from Matrimony.Com Limited (MATRIMONY) Q3 FY23 Earnings Concall Management Update: [00:03:30] MATRIMONY said it expects Wedding Services to continue growing steadily and losses to be less than 3Q23 in 4Q23. [00:05:30] MATRIMONY expects matchmaking EBITDA to bounce back to the levels of 4Q22, and expect 4Q23 PAT to\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=152084"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152084\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=152084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=152084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=152084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}