Matrimony.com Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Matrimony.com Ltd reported a 4.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 4.1%.
- Its expenses for the quarter were down by 0.6% QoQ and 2.7% YoY.
- The net profit decreased 24.2% QoQ and decreased 10.3% YoY.
- The earnings per share (EPS) of Matrimony.com Ltd stood at 4.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 118.44 | 124.12 | 123.55 | -4.6% | -4.1% |
Total Expenses | 106.27 | 106.91 | 109.18 | -0.6% | -2.7% |
Profit Before Tax | 12.17 | 17.21 | 14.38 | -29.3% | -15.4% |
Tax | 2.15 | 4.02 | 3.27 | -46.5% | -34.3% |
Profit After Tax | 9.97 | 13.16 | 11.11 | -24.2% | -10.3% |
Earnings Per Share | 4.50 | 5.90 | 5.00 | -23.7% | -10.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Matrimony.com Ltd is a prominent player in the online matchmaking and wedding services industry. It provides a platform that connects individuals seeking life partners, offering a range of services including personalized matchmaking, wedding planning, and related services. The company operates several online matchmaking services catering to various demographics and preferences, positioning itself as a leader in the Indian matrimonial services sector. While specific recent developments are not detailed here, Matrimony.com has consistently sought to enhance its user experience and expand its service offerings.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Matrimony.com Ltd reported a total income of ₹118.44 crores. This represents a decline of 4.6% from the previous quarter (Q2FY25), where the total income was ₹124.12 crores. Compared to the same quarter in the previous year (Q3FY24), the total income decreased by 4.1%, from ₹123.55 crores. These figures highlight a downward trend in revenue on both a quarter-over-quarter (QoQ) and year-over-year (YoY) basis during the reported period.
Profitability
The company's profit before tax for Q3FY25 was ₹12.17 crores, which marks a significant decrease of 29.3% from the preceding quarter (Q2FY25) figure of ₹17.21 crores. On a YoY basis, profit before tax fell by 15.4% from ₹14.38 crores in Q3FY24. The profit after tax also declined, amounting to ₹9.97 crores in Q3FY25, which is a 24.2% drop QoQ and a 10.3% decrease YoY. Earnings per share (EPS) stood at ₹4.50 in Q3FY25, reflecting a 23.7% reduction from the previous quarter and a 10.0% decrease from the same quarter last year.
Operating Metrics
Total expenses for Matrimony.com Ltd in Q3FY25 were ₹106.27 crores, slightly lower by 0.6% compared to Q2FY25 and a reduction of 2.7% from Q3FY24. The tax expenses for the quarter were ₹2.15 crores, representing a significant decrease of 46.5% from the previous quarter and a 34.3% decrease YoY. These operating metrics indicate changes in the company's cost structure and tax liabilities over the reported periods.
