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Latest news with #BharatMatrimony

Matrimony clocks 40 pc decline in its Q1 net profit
Matrimony clocks 40 pc decline in its Q1 net profit

Hans India

time6 days ago

  • Business
  • Hans India

Matrimony clocks 40 pc decline in its Q1 net profit

Mumbai: Chennai-based online matchmaking company on Wednesday reported a 39.5 per cent year-on-year (YoY) drop in its profit for the first quarter of the financial year 2025-26 (Q1 FY26). The company posted a net profit of Rs 8.4 crore in the first quarter of the current financial year, compared to the Rs 13.9 crore it earned in the same period previous year (Q1 FY25), according to its stock exchange filing. However, compared to the previous quarter (Q4 FY25), profit rose slightly by 2.69 per cent from Rs 8.2 crore. Revenue during the April–June 2025 quarter stood at Rs 115.3 crore, down 4.83 per cent from Rs 120.59 crore in the year-ago period. On a sequential basis, revenue grew 6.47 per cent from Rs 108.3 crore in the previous quarter, the company's exchange filing showed. The company's expenses for the quarter were Rs 110.7 crore, which is 1.49 per cent higher than Rs 109 crore in Q1 FY25 and up 1.17 per cent from Rs 109.4 crore in Q4 FY25. Advertisement and business promotion expenses were the biggest contributor to expenses at Rs 47.71 crore, followed by employee benefits expenses at Rs 38.6 crore, other expenses at Rs 16.4 crore and finance costs at Rs 1.13 crore. is known for its flagship brand BharatMatrimony and offers matchmaking services through websites, mobile apps, and offline retail outlets. It also provides an asset-light platform for wedding-related services. Recently, the company launched a dating app named 'MeraLuv' for Indian-Americans -- reflecting its efforts to innovate and expand in the relationship services market. They offer numerous community-specific websites like Brahmin Matrimony, Nair Matrimony, etc., and profession-based services like Doctors Matrimony. has a network of over 140 company-owned retail outlets, complementing their online services. It offers membership subscription, assisted matrimonial service fees and online advertising packages.

Matrimony.com Teams Up with Truecaller to Ensure Safer, Smarter Matchmaking
Matrimony.com Teams Up with Truecaller to Ensure Safer, Smarter Matchmaking

Business Standard

time31-07-2025

  • Business
  • Business Standard

Matrimony.com Teams Up with Truecaller to Ensure Safer, Smarter Matchmaking

NewsVoir Bengaluru (Karnataka) [India], July 31: India's most pioneering matchmaking platforms and the parent company of Brand Bharat Matrimony, has announced a strategic partnership with Truecaller, the leading global communications platform. This collaboration is set to elevate digital safety and deliver a seamless, secure, and contextual engagement experience using Truecaller's Customer Experience Solutions. In the digital age, secure and seamless communication is essential for successful online matchmaking. With Truecaller for Business Solutions, Bharat Matrimony prioritizes user safety and convenience from the initial sign-up through to match notifications and updates, enhancing the user experience. This integration ensures that all calls from Bharat Matrimony are equipped with verified brand identifiers such as their official logo, green verification badge, and a verified tick. These elements help users instantly recognize legitimate calls. Features like Call Reason further enhance transparency by informing users why they are being contacted, be it for new profile matches or important updates. To create a more engaging communication experience, Bharat Matrimony has adopted Truecaller's Video Caller ID, transforming routine calls into visually rich interactions. The Call Me Back feature also allows users to schedule return calls at their convenience. Most notably, the 1-Tap, OTP-less verification streamlines the login process, making it quicker and more secure, particularly during critical interactions. Commenting on the partnership, Saichithra Swaminathan, Chief Product Officer, said, "At Matrimony, we're focused on making the user journey simple and secure right from the start. Our integration with Truecaller helps streamline the verification process during registration. This reduces friction, making it easier for users to get started quickly. Faster verification means faster onboarding, with less manual input needed. It improves the overall sign-up experience with added ease and clarity. We're always looking for ways to build trust and deliver more convenience to our users." Speaking about the collaboration, Priyam Bose, Global Head, GTM & Developer Products at Truecaller, said, "At Truecaller, our mission is to empower businesses with trusted communication infrastructure that enhances user confidence and drives meaningful engagement. Nowhere is this more critical than on a platform like Bharat Matrimony, where real-life relationships begin with a single interaction. Our partnership ensures that every touchpoint is anchored in safety, credibility, and contextual clarity. This collaboration underscores our shared vision with Bharat Matrimony to create secure, respectful, and authentic digital experiences at scale for millions of users navigating their most personal journeys online" Bharat Matrimony, continues to redefine digital matchmaking by putting safety, trust, and user-first communication at the forefront. Through its partnership with Truecaller, the brand is setting new benchmarks for verified, seamless interactions in the matchmaking space. Truecaller's Customer Experience Solution is used by more than 2500 businesses globally. It delivers enhanced communication capabilities that promote brand recognition, improve engagement, and safeguard customers from scams and fraud. is India's leading consumer Internet company managing marquee brands such as Bharat Matrimony, Elite Matrimony, Community Matrimony, and Jodii. Bharat Matrimony is considered the biggest and most trusted matrimony brand, which has also established a considerable retail presence with over 120 self-owned outlets across India. The company delivers matchmaking and marriage-related services to users in India and the Indian diaspora. has pioneered several new business models, such as and a consortium of over 300 community matrimony services. recent launches include a matchmaking app for working professionals, and a specialized bilingual app for entry-level and frontline jobs for the gray-collared workers in Tamil Nadu. For more details, visit Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies, especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 450 million active users and nearly 3000 large enterprises. Truecaller has been listed on Nasdaq Stockholm since 8 October 2021. For more information, please visit:

Matrimony.com Teams Up with Truecaller to Ensure Safer, Smarter Matchmaking
Matrimony.com Teams Up with Truecaller to Ensure Safer, Smarter Matchmaking

Fashion Value Chain

time31-07-2025

  • Business
  • Fashion Value Chain

Matrimony.com Teams Up with Truecaller to Ensure Safer, Smarter Matchmaking

India's most pioneering matchmaking platforms and the parent company of Brand Bharat Matrimony, has announced a strategic partnership with Truecaller, the leading global communications platform. This collaboration is set to elevate digital safety and deliver a seamless, secure, and contextual engagement experience using Truecaller's Customer Experience Solutions. Bharat Matrimony announces strategic partnership with Truecaller In the digital age, secure and seamless communication is essential for successful online matchmaking. With Truecaller for Business Solutions, Bharat Matrimony prioritizes user safety and convenience from the initial sign-up through to match notifications and updates, enhancing the user experience. This integration ensures that all calls from Bharat Matrimony are equipped with verified brand identifiers such as their official logo, green verification badge, and a verified tick. These elements help users instantly recognize legitimate calls. Features like Call Reason further enhance transparency by informing users why they are being contacted, be it for new profile matches or important updates. To create a more engaging communication experience, Bharat Matrimony has adopted Truecaller's Video Caller ID, transforming routine calls into visually rich interactions. The Call Me Back feature also allows users to schedule return calls at their convenience. Most notably, the 1-Tap, OTP-less verification streamlines the login process, making it quicker and more secure, particularly during critical interactions. Commenting on the partnership, Saichithra Swaminathan, Chief Product Officer, said, 'At Matrimony, we're focused on making the user journey simple and secure right from the start. Our integration with Truecaller helps streamline the verification process during registration. This reduces friction, making it easier for users to get started quickly. Faster verification means faster onboarding, with less manual input needed. It improves the overall sign-up experience with added ease and clarity. We're always looking for ways to build trust and deliver more convenience to our users.' Speaking about the collaboration, Priyam Bose, Global Head, GTM & Developer Products at Truecaller, said, 'At Truecaller, our mission is to empower businesses with trusted communication infrastructure that enhances user confidence and drives meaningful engagement. Nowhere is this more critical than on a platform like Bharat Matrimony, where real-life relationships begin with a single interaction. Our partnership ensures that every touchpoint is anchored in safety, credibility, and contextual clarity. This collaboration underscores our shared vision with Bharat Matrimony to create secure, respectful, and authentic digital experiences at scale for millions of users navigating their most personal journeys online' Bharat Matrimony, continues to redefine digital matchmaking by putting safety, trust, and user-first communication at the forefront. Through its partnership with Truecaller, the brand is setting new benchmarks for verified, seamless interactions in the matchmaking space. Truecaller's Customer Experience Solution is used by more than 2500 businesses globally. It delivers enhanced communication capabilities that promote brand recognition, improve engagement, and safeguard customers from scams and fraud. About is India's leading consumer Internet company managing marquee brands such as Bharat Matrimony, Elite Matrimony, Community Matrimony, and Jodii. Bharat Matrimony is considered the biggest and most trusted matrimony brand, which has also established a considerable retail presence with over 120 self-owned outlets across India. The company delivers matchmaking and marriage-related services to users in India and the Indian diaspora. has pioneered several new business models, such as and a consortium of over 300 community matrimony services. recent launches include a matchmaking app for working professionals, and a specialized bilingual app for entry-level and frontline jobs for the gray-collared workers in Tamil Nadu. For more details, visit About Truecaller Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies, especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 450 million active users and nearly 3000 large enterprises. Truecaller has been listed on Nasdaq Stockholm since 8 October 2021. For more information, please visit:

Crypto fraud: Techie duped of over Rs 87L by woman he met on matrimonial site
Crypto fraud: Techie duped of over Rs 87L by woman he met on matrimonial site

Time of India

time13-06-2025

  • Time of India

Crypto fraud: Techie duped of over Rs 87L by woman he met on matrimonial site

1 2 3 Hyderabad: A 28-year-old software professional from Mancherial lost Rs 87.6 lakh to fraudsters posing as a prospective bride on an online matrimony platform. They lured him into a fake cryptocurrency investment scheme. In his complaint to Telangana Cyber Security Bureau's (TGCSB) Ramagundam police station, the victim, who is an associate manager with a Bengaluru-based firm, stated that he had created an account on Bharat Matrimony two years ago. On Jan 18, he received a match request from another user claiming to be 'Nanditha Reddy' from Vijayawada. The two soon began communicating on WhatsApp. According to the complainant, Nanditha told him that she had moved to Malaysia and was an expert in cryptocurrency trading. She introduced him to a crypto investment platform and persuaded him to invest, citing exclusive professional access. The victim began investing from Feb 25 by transferring money to various bank accounts listed on the crypto investment portal. On March 26, he was permitted to withdraw Rs 2 lakh, which bolstered his confidence. By June 6, he had transferred a total of Rs 40.3 lakh as principal, plus an additional Rs 42.28 lakh towards 'taxes, channel fees, and verification charges,' in order to withdraw a profit of Rs 2 crore which was shown virtually on the website. However, when the site demanded more money to 'unblock' his account, he grew suspicious and approached Ramagundam police station on Thursday, reporting a total loss of Rs 87.6 lakh. The police registered a case under sections 318(4) (cheating and dishonestly inducing delivery of property) of the BNS Act and section 66D of the IT Act. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .

Matrimony.com Q4 PAT slides 30 YoY to Rs 8 cr; recommends final dividend of Rs 5/ share
Matrimony.com Q4 PAT slides 30 YoY to Rs 8 cr; recommends final dividend of Rs 5/ share

Business Standard

time16-05-2025

  • Business
  • Business Standard

Matrimony.com Q4 PAT slides 30 YoY to Rs 8 cr; recommends final dividend of Rs 5/ share

reported 30.26% fall in consolidated net profit to Rs 8.18 crore in Q4 FY25 as against Rs 11.73 crore posted in Q4 FY24. Revenue from operations declined 9.15% YoY to Rs 108.32 crore in the quarter ended 31 March 2025. The companys billing revenue stood at Rs 114.8 crore in the fourth quarter of FY25, registering a year-on-year decline of 5.3%. Profit before tax for the quarter ended 31 March 2025 stood at Rs 10.19 crore, down 33.61% as compared with Rs 15.35 crore posted in the same period year ago. During the quarter, EBITDA stood at Rs 12.3 crore, down 27.64% from Rs 17 crore in Q4 FY24. EBITDA margin declined to 10.8% in Q4 FY25 from 14.2% in Q4 FY24. On a segmental basis, revenue from matchmaking services declined 9.10% YoY to Rs 106.99 crore, while revenue from marriage services and others fell 12.49% YoY to Rs 1.33 crore in the fourth quarter of FY25. In the matchmaking segment, billing income stood at Rs 113.5 crore, registering a year-on-year decline of 4.8%. Revenue was Rs 107 crore, down 9.1% YoY. The company added 2.5 lakh paid subscriptions during the quarter, a decline of 9.0% compared to the same period last year. Murugavel Janakiraman, chairman and managing director said, As we mark the significant milestone of 25 years in business, it is a moment of both reflection and renewed commitment. We are working on various enhancements and also new initiatives. These ongoing measures are expected to provide the desired momentum in the coming quarters. Meanwhile, the companys board has recommended a final dividend of Rs 5 per equity share, subject to the approval of the shareholders. is Indias leading consumer Internet company managing marquee brands such as BharatMatrimony, CommunityMatrimony, and EliteMatrimony. BharatMatrimony is considered the largest and most trusted matrimony brand which has also established a considerable retail presence with over 100 self-owned retail outlets across India. has also launched Jodii an exclusive matchmaking service for non-graduates, in 9 Indian languages. The company delivers matchmaking and marriage related services to users in India and the Indian diaspora. The company has pioneered several new business models such as and a consortium of over 300 community matrimony services. The scrip added 0.80% to 510.85 on the BSE.

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