Mon. Apr 15th, 2024

365telugu.com, online news,Chennai, February 6, 2020: Matrimony.com Limited, the leading online matrimony company, announced its unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2019, as approved by its board of directors. Murugavel Janakiraman, Chairman and Managing Director said, “We have seen good momentum in Q3 matchmaking billings, and we expect to enhance this further. Our initiatives in product and customer engagement have started to yield improved results that will help us to drive better growth”.

Key financial highlights for the quarter ended December 31, 2019

Consolidated

. Billing at Rs 91.9 crores (growth of 4.3% q/q and 7.4% y/y)

. Revenue at Rs 90 crores (decline of 2.4 % q/q and growth of 5.6 y/y)

· Profit After Tax (PAT) at Rs 5.6 crores (decline of 28.3% q/q and 16.5% y/y).

Matchmaking

· Billing at Rs 89.5 crores (growth of 5.7% q/q and 8.7% y/y)

· Revenue at Rs 87.8 crores (decline of 0.9% q/q and growth of 6.3% y/y)

· 4.38 million active profiles as at December 31, 2019

· Added 1.25 million free profiles and 173,538 paid subscriptions during the quarter