Matrimony reports billing growth of 3.8% y/y in Q3 FY23
Mumbai/Hyderabad, February 10, 2023: Matrimony.com Limited, the leading online matrimony company, announced its unaudited standalone and consolidated financial results for the third quarter and nine months ending December 31, 2022, as approved by its board of directors.
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”.
Key financial highlights for the quarter ended December 31, 2022
Consolidated
- Billing at Rs 111.4 crores (growth of 2.1% q/q and 3.8% y/y)
- Revenue at Rs 110.4 crores (decline of 3.9% q/q and growth of 1.7% y/y)
- Profit After Tax (PAT) at Rs 11.6 crores (decline of 0.9% q/q and growth of 0.9% y/y)
Matchmaking
- Billing at Rs 108.3 crores (growth of 1.6% q/q and 2.1% y/y)
- Revenue at Rs 107.8 crores (decline of 4.2% q/q and growth of 0.5% y/y)
- Added 2.38 lakhs paid subscriptions during the quarter (decline of 1.7% q/q and growth of 10.7% y/y)
