Latest News | Matrimony Profit Rises 7 Pc to Rs 12.5 Crore in Jul-Sept
Get latest articles and stories on Latest News at LatestLY. Online matrimonial platform Matrimony.com has reported 7 per cent growth in consolidated profit to Rs 12.5 crore in the second quarter ended September 30, 2023.
New Delhi, Nov 9 (PTI) Online matrimonial platform Matrimony.com has reported 7 per cent growth in consolidated profit to Rs 12.5 crore in the second quarter ended September 30, 2023.
The company had posted a profit of Rs 11.7 crore in the same period a year ago.
The consolidated revenue from operations of Matrimony.com grew about 6 per cent to Rs 121.59 crore during the reported quarter from Rs 114.86 crore a year ago.
"Despite Q2 being a seasonal quarter we have shown growth in revenue and profits on a year-on-year basis.
"We have launched a transformed BharatMatrimony platform, delivering enhanced user interface and functionality including connecting matches over shared interests. We expect this initiative will add further value to our customers," Matromony.com, Chairman and Managing Director, Murugavel Janakiraman said in a statement.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)