Mumbai (IANS) – Online matrimonial platform Matrimony.com reported a significant decline in both net profit and revenue for the fourth quarter (Q4) of FY25, as per the company’s stock exchange filing on Friday.
The company’s consolidated net profit fell by 30.26% to ₹8.18 crore for the quarter ended March 31, compared to ₹11.73 crore in the same period last year (Q4 FY24).
Revenue from operations declined 9.15% year-on-year (YoY) to ₹108.32 crore.
Billing revenue for the quarter stood at ₹114.8 crore, representing a 5.3% decline from the corresponding period in FY24.
Profit before tax (PBT) came in at ₹10.19 crore, down 33.61% from ₹15.35 crore in Q4 FY24.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) dropped 27.64% to ₹12.3 crore, compared to ₹17 crore in the same quarter last year. The EBITDA margin also narrowed to 10.8%, down from 14.2% in Q4 FY24.
In terms of business segments, revenue from the core matchmaking services fell 9.10% to ₹106.99 crore. Revenue from marriage-related services and other segments also declined 12.49% to ₹1.33 crore.
Billing income from the matchmaking segment dropped 4.8% YoY to ₹113.5 crore.
The number of paid subscriptions during the quarter was 2.5 lakh, a 9% decline compared to the same period last fiscal year.
Despite the weaker financial performance, the board has recommended a final dividend of ₹5 per equity share, subject to shareholder approval.
Shares of Matrimony.com were trading at ₹511.85, up ₹4.65 or 0.92%, on the National Stock Exchange (NSE) on Friday.
Matrimony.com operates several leading matrimonial platforms, including BharatMatrimony, CommunityMatrimony, and EliteMatrimony.