Comments
Chennai-based Matrimony.com, an online matrimony company, reported a net profit of ₹11 crore for the third quarter ended December 31, 2020, representing a 96 per cent growth over the same period last year and 7.4 per cent sequentially.
Revenue of ₹96.7 crore in the third quarter represented a growth of 7.4 per cent over the same period last year and 3.6 sequentially. Billing during the third quarter was ₹100 crore — a 9 per cent growth over the December 2019 quarter and 3.6 per cent sequentially. The company added 2.3 lakh paid subscriptions during the third quarter, said a press release.
During the quarter, the company launched two new and exclusive services — RajasthaniMatrimony and BihariMatrimony — to expand and strengthen operations in the North. It also launched DoctorsMatrimony exclusively for doctors.
On the BSE, the company’s stock price closed at ₹859.30, up by ₹12.20.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.