ECONOMIC TIMES - May 21 - Online matchmaking service provider Matrimony has recorded consolidated net profits of Rs 6.77 crore ($895K) for the quarter ending March 31, 2020. For the full year ending March 31, 2020 net profits were Rs 29.53 crore ($3.9M, down from Rs 42.45 crore ($5.6M) in 2018-19 fiscal. The revenues for the quarter grew by 4.5% YOY to Rs 94.1 crore ($12.4M) and for the year by 6.7% to Rs 371.8 crore ($50M). The number of paying subscriber is 704K.
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