526.0000 -21.85 (-3.99%)
NSE Jun 23, 2025 15:31 PM
Volume: 19,907
 

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Matrimony.com Ltd.
10 Aug 2023
526.00
-3.99%
ICICI Securities Limited
Matrimony.com’s (Matrimony) matchmaking revenue grew 8% QoQ and 5.6% YoY in Q1FY24. Billings in matchmaking increased 3.8% QoQ and 6.5% YoY in Q1FY24 vs 8.6% QoQ and 3.9% YoY in Q4FY23. Paid subscriptions were up ~12% YoY. We believe this indicates improving sentiment and augurs well for revenue growth in FY24E.
Matrimony.com Ltd. is trading below its 150 day SMA of 568.3
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