Matrimony.com announced Q3FY23 results: Consolidated Q3FY23: Billing at Rs 111.4 crore (growth of 2.1% QoQ and 3.8% YoY) Revenue at Rs 110.4 crore (decline of 3.9% QoQ and growth of 1.7% YoY) Profit After Tax (PAT) at Rs 11.6 crore (decline of 0.9% QoQ and growth of 0.9% YoY) Matchmaking: Billing at Rs 108.3 crore (growth of 1.6% QoQ and 2.1% YoY) Revenue at Rs 107.8 crore (decline of 4.2% QoQ and growth of 0.5% YoY) Added 2.38 lakhs paid subscriptions during the quarter (decline of 1.7% QoQ and growth of 10.7% YoY) Murugavel Janakiraman, Chairman and Managing Director said, “We are working on many initiatives to enhance the momentum on conversions and staying more relevant to our customers through better engagement and offerings. We hope to end the financial year on a better footing that can set the right tone for next year”. Result PDF
Internet software & services company Matrimony.com announced Q2FY23 results: Consolidated Q2FY23: Billing at Rs 109.1 crore (decline of 6.3% QoQ and growth of 2.2% YoY) Revenue at Rs 114.9 crore (decline of 1% QoQ and growth of 4.5% YoY) Profit After Tax (PAT) at Rs 11.7 crore (decline of 2% QoQ and 29.3% YoY) Matchmaking: Billing at Rs 106.6 crore (decline of 7% QoQ and growth of 0.4% YoY) Revenue at Rs 112.5 crore (decline of 1.5% QoQ and growth of 3% YoY) Added 2.42 lakhs paid subscriptions during the quarter (decline of 3.5% QoQ and growth of 8.3% YoY) Murugavel Janakiraman, Chairman and Managing Director said, “This quarter has been a subdued quarter due to seasonality. We will continue to leverage our new launches to enhance the momentum and at the same time provide the needed impetus for better customer experience. This will lead the way for an improved overall performance”. Result PDF