Daijiworld Media Network - Mumbai

Mumbai, Aug 13: Online matchmaking giant Matrimony.com, known for its flagship platform BharatMatrimony, reported a 39.5% year-on-year decline in net profit for the first quarter of FY26, posting Rs 8.4 crore, compared to Rs 13.9 crore in the same quarter last year (Q1 FY25).

The Chennai-headquartered company, however, showed a modest 2.69% growth in profit on a sequential basis, up from Rs 8.2 crore in Q4 FY25.

Revenue and Expenses

Revenue for the April–June 2025 quarter stood at Rs 115.3 crore, marking a 4.83% YoY decline from Rs 120.59 crore in Q1 FY25. On a quarter-on-quarter basis, however, revenue rose 6.47% from Rs 108.3 crore in Q4 FY25, indicating a potential stabilisation after previous softness in the market.

Total expenses reached Rs 110.7 crore, up 1.49% from a year ago and 1.17% from the previous quarter. The biggest cost contributor remained advertising and business promotion, at Rs 47.71 crore, reflecting continued marketing push. This was followed by employee benefits at Rs 38.6 crore, other operating expenses at Rs 16.4 crore, and finance costs of Rs 1.13 crore.

Strategic Shifts & New Ventures

Despite the drop in profit, Matrimony.com continues to expand and diversify its offerings in the evolving relationship services space. The company recently launched ‘MeraLuv’, a dating app targeting Indian-Americans, as part of its innovation strategy aimed at tapping global and younger demographics.

With over 140 company-owned retail outlets, Matrimony.com supplements its digital services with an offline presence and continues to focus on niche matchmaking platforms like Brahmin Matrimony, Nair Matrimony, and Doctors Matrimony.

Its revenue streams include membership subscriptions, assisted matchmaking services, and online advertising packages—forming a blend of digital-first and service-driven revenue models.

Outlook

The drop in YoY profit signals ongoing challenges in balancing growth with operational costs, especially marketing spend. However, the sequential improvement in both revenue and profit, combined with new product launches, hints at a company focused on strategic reinvention in a competitive digital relationship ecosystem.

As the company ventures deeper into community-specific platforms and international markets, investors and analysts will likely monitor user engagement, monetisation metrics, and profit recovery trends in upcoming quarters.