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Jodii For Non-Grads, Matrimony Doing Well

Adds 2.8 Lakhs Paid Subscriptions In Q1

 

Matrimony.com has reported billing of Rs 124.5 crores and revenues of Rs 123.3 crores during Q1.

MUMBAI, Aug 9 (The CONNECT) – Matrimony.com has launched Jodii in 9 Indian languages – an exclusive matchmaking service for non-graduates. The Company has pioneered several new business models such as WeddingBazaar.com, Mandap.com and CommunityMatrimony.com, a consortium of over 300 community matrimony services.

Matrimony.com has reported billing of Rs 124.5 crores marking a growth of 2.9% q/q and 6.9% y/y. Its revenues of Rs 123.3 crores represent growth of 7.7% q/q and 6.3% y/y.

The company that delivers matchmaking and marriage related services to users in India and the Indian diaspora has added 2.8 lakhs paid subscriptions during the quarter (growth of 6.9% q/q and 11.5% y/y).

Murugavel Janakiraman, Chairman and Managing Director said, Q1 was a good quarter where we accelerated profits along with strong cash generation and a fair revenue growth.

The company that delivers matchmaking and marriage related services to users in India and the Indian diaspora has added 2.8 lakhs paid subscriptions during the quarter (growth of 6.9% q/q and 11.5% y/y).
Murugavel Janakiraman, Chairman and Managing Director said, Q1 was a good quarter where we accelerated profits along with strong cash generation and a fair revenue growth.
Matrimony.com is India’s leading consumer Internet Company managing marquee brands such as BharatMatrimony, CommunityMatrimony and EliteMatrimony.  BharatMatrimony is considered the largest and most trusted matrimony brand which has also established a considerable retail presence with over 100 self-owned retail outlets across India.

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