Internet Software & Services firm Matrimony.com announced Q1FY23 Result :
- Matrimony reports billing growth of 10.8% YoY in Q1 FY23
- Billing at Rs 116.5 crores (growth of 1.3% QoQ and 10.8% YoY)
- Revenue at Rs 116 crores (growth of 4.9% QoQ and 10% YoY)
- Profit After Tax (PAT) at Rs 12 crores (growth of 2.1% QoQ and decline of 13.5% YoY)
Murugavel Janakiraman, Chairman and Managing Director said, "A good start to the year with double-digit YoY billing growth. It is also heartening to see our paid subscriptions grow 13.8% YoY giving us the confidence that our strategic priorities are making good progress. We will continue to strengthen these focus areas to maintain this momentum".