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News Details

Matrimony.com Q3 net profit zooms 126.18% at Rs 11.06 cr

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04/02/2021 19:10
The company reported standalone net profit of Rs 11.06 crore for the quarter ended December 31, 2020 as compared to Rs 4.89 crore in the same period last year, registering a year-on-year growth of 126.18 per cent.

Net revenue of the company rose moderately by 7.48 per cent at Rs 95.38 crore in October-December quarter of this fiscal as against Rs 88.74 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 1.02 per cent to Rs 77.92 crore from Rs 78.72 crore in year ago period.

Other Income grew by 5.92 per cent at Rs 4.47 crore versus (Dec'19 Rs 4.22 crore).

Operating Profit surged by 74.25 per cent to Rs 17.46 crore as against Rs 10.02 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 62.18 per cent in December quarter.

Interest declined by 12.41 per cent y-o-y to Rs 1.20 crore, while Taxation increased by 330.38 per cent at Rs 3.40 crore (Dec'19 Rs 0.79 crore).