BizNewsConnect

Hindi speaking Matrimony.Com crosses 100 cr milestone

Profits grow 96.5% y-o-y

With numerous initiatives being implemented, we are confident of sustained double-digit growth in billing in the future,” said CMD Murugavel Janakiraman

MUMBAI, Feb 4 (The CONNECT) - Matrimony.com Limited has crossed the Rs 100 crore billing milestone

The Q-3 results showed that matrimony.com had a consolidated billing of Rs 100.1 crores (growth of 3.6% q/q and 9% y/y), revenue at Rs 96.7 crores (growth of 3.6 % q/q and 7.4% y/y) and Rs 11 crore PAT (growth of 7.4% q/q and 96.5% y/y).

Happy with the results, Murugavel Janakiraman, Chairman and Managing Director, said, the company continued improvement in its profitability.  “We have strengthened our leadership team and launched new products and services.  With numerous initiatives being implemented, we are confident of sustained double-digit growth in billing in the future,” he said.

A little-known fact about the company’s work culture is that everybody - from canteen worker to the CMD - in the Chennai-heard-quartered company speaks Hindi.

Matrimony launched two new and exclusive services namely RajasthaniMatrimony and BihariMatrimony, to strengthen leadership in the North. It also launched DoctorsMatrimony exclusively for medicos.

The company also undertook women empowerment programme as part of the to promote employment by enhancing vocation skills for women. About 160 women will benefit from the Online Skill Training Programme which is being executed in association with the global NGO Hand in Hand India.

Recent News

Advertisement