Matrimony.com Q4 results: Net profit up 2.6% to ₹11.7 crore, dividend announced

The Chennai-headquartered company reported a consolidated revenue from operations of ₹119.2 crore in the March 2024 quarter, up from ₹114.5 crore in the year-ago period, according to an exchange filing.

Matrimony.com announces dividend

The company's board also recommended a final dividend of ₹5 per equity share of par value of ₹5 each, subject to the approval of shareholders.

For FY24, the consolidated net profit of Matrimony.com increased 6.1% to ₹49.5 crore. During the same period, revenue of operations increased 5.6% to ₹481.3 crore.

The Nomination and Remuneration Committee also approved a grant of 4,000 stock options under 'Matrimony.com Limited - Employee Stock Option Scheme 2014 (ESOS 2014)' to the employees of Matrimony.com at an exercise price of ₹541.25 per share.

Matrimony.com Limited is engaged in matchmaking services with marquee brands such as BharatMatrimony, EliteMatrimony and CommunityMatrimony.

BharatMatrimony has established over 100 retail outlets nationwide. Matrimony.com also operates Jodii, an exclusive matchmaking service for non-graduates in nine Indian languages.