Indian BeehiveNews

Matrimony.com first quarter shows strong net profit growth of 38 percent Q/Q

Kolkata: Matrimony.com – the leading online matrimony company, announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2020, as approved by its board of directors with strong net profit growth of 38 pc Q/Q.

Murugavel Janakiraman, Chairman and Managing Director, said, “We were able to minimize the impact caused by COVID-19 in the quarter and we have returned to a growth trajectory in June. With many cost optimization measures, we were able to demonstrate a good growth in profitability. ”

“We continue to focus on multiple initiatives across product, campaigns and customer experience that will further enhance our market positioning and growth momentum. “

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