Chennai, August 6, 2020: Matrimony.com Limited, the leading online matrimony company,
announced its unaudited standalone and consolidated financial results for the first quarter
ended June 30, 2020, as approved by its board of directors.
Murugavel Janakiraman, Chairman and Managing Director said, “We were able to
minimize the impact caused by COVID-19 in the quarter and we have returned to a growth
trajectory in June. With many cost optimization measures, we were able to demonstrate a
good growth in profitability. We continue to focus on multiple initiatives across product,
campaigns and customer experience that will further enhance our market positioning and
Key financial highlights for the quarter ended June 30, 2020
Billing at Rs 81.5 crores (decline of 15.3% q/q and 11.7% y/y)
Revenue at Rs 86.8 crores (decline of 7.8 % q/q and 9.1 y/y)
Profit After Tax (PAT) at Rs 9.4 crores (growth of 38.1% q/q and 0.4% y/y)
Billing at Rs 81.2 crores (decline of 14.3% q/q and 7.5% y/y)
Revenue at Rs 86.1 crores (decline of 7.3% q/q and 5.4% y/y)
Added 167,803 paid subscriptions during the quarter
About Matrimony.com limited
Matrimony.com is India’s leading consumer Internet Company. It is a signature consumer
internet conglomerate, 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 140 self-owned retail outlets across India. The Company delivers matchmaking
and marriage related services to users in India and the Indian diaspora.
The Company has pioneered several new business models such as MatrimonyBazaar.com,
Mandap.com and CommunityMatrimony.com, a consortium of over 300 community
For more details, visit https://www.matrimony.com
Certain statements in this release could be forward-looking statements on our business.
These involve a number of risks and uncertainties that could cause the actual results to
differ materially from such forward-looking statements. We do not undertake to update
any such forward-looking statements that may be made from time to time by or on behalf
of the company unless it is required by law.