Matrimony Q2 FY27 net profit rises 165.4% to ₹20.7 Cr as revenue grows 17.6%
It also approved buying 50% of Astro-Vis
Listed matchmaking platform Matrimony reported consolidated net profit of ₹20.7 Cr for the September quarter (Q2 FY27), up 165.4% from ₹7.8 Cr in the year-ago quarter. Against Q1 FY27, when profit was ₹19.1 Cr, it rose 8.4%.
Operating revenue came in at ₹134.8 Cr, up 17.6% year on year and 3.3% quarter on quarter. Revenue from the matchmaking business grew 15.2% year on year to ₹133.9 Cr, while revenue from marriage services fell 15% to ₹89 Lakh.
Including other income of ₹5.9 Cr, total income for the quarter was ₹140.6 Cr. Total expenses rose 2.2% year on year to ₹113.1 Cr.
Consolidated billing increased 10.7% year on year to ₹131.1 Cr, though it declined 3.6% from the previous quarter. The matchmaking business accounted for ₹130.3 Cr of that billing, up 10.9% year on year.
Matrimony added 3.02 Lakh paid subscriptions to its matchmaking business in the quarter, up 26.6% year on year and 11.2% over the previous quarter.
Alongside the results, the company approved the acquisition of a 50% stake in Astro-Vision, an astrology-based matchmaking business, for ₹8 Cr. The deal is set to complete within three months and would take Matrimony’s stake in the company to 76.9%, making Astro-Vision a wholly owned subsidiary of Matrimony.
Shares of Matrimony ended the day 0.14% lower at ₹578.60 on the BSE.
