matrimony.com Q3 Update: Matrimony.com Q3 Results: Net profit remained at Rs 11.10 crore.

Matrimony.com, a matrimonial services provider, reported a consolidated profit of Rs 11.10 crore for the October-December 2023 quarter. The Chennai-based company had posted a consolidated profit of Rs 11.60 crore in the corresponding quarter last year.

Consolidated profit for the nine months ended December 31, 2023 rose to Rs 37.80 crore against Rs 35.26 crore registered in the previous year.

Commenting on the financial performance, Murugavel Janakiraman, Chairman and Managing Director, said in a statement on Saturday: “We are working on a number of improvements and new initiatives. We expect these ongoing actions to deliver the desired momentum in the coming quarters. “It will happen,” he said.

Total consolidated income for the quarter under review increased to Rs 123.54 crore from Rs 120.35 crore registered in the same period last year.

Consolidated total income for the nine months ended December 31, 2023 increased to Rs 381.41 crore from Rs 360.19 crore registered in the same period last year.

During the quarter under review, the company said it had launched a ‘Safe Marriage’ campaign targeting Bollywood actress Vidya Balan to raise awareness about online scams on matrimonial sites.

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