TIMES NOW NEWS - June 24 - The stock of Matrimony.com has gained ~2.5x in the last one year. Murugavel Janakiraman, Founder and CEO of Matrimony.com said: "Covid has led to increased digital adoption in the Matrimony business and expects the momentum to continue. Growth has been broad-based across geographies in India and across Tier II and Tier III markets." Increase in marketing expenses had led to impact on profits, said Janakiraman. Profits grew 40% last year and he expects profits to grow at a much better pace than last year.
by Poonam Saney
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