Latest news with #BrahminMatrimony
Hans India
13-08-2025
- 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.
Time of India
26-04-2025
- Time of India
Ahmedabad man duped of Rs 1.9cr in matrimonial scam
Ahmedabad: A 43-year-old man from the city filed a complaint with Bopal police on Friday after losing Rs 1.93 crore in an online matrimonial fraud . The victim, a senior manager at a leading business group, lives in a residential township in Khodiyar, Dholka taluka, Ahmedabad district. According to the complaint, the victim uploaded his biodata on several matrimonial websites. On Sep 15, 2024, he received an email from "Deswal Lalita" through the Brahmin Matrimony platform. After exchanging chats, Lalita claimed to be a doctor based in Los Angeles, California, divorced, and having a child. She told the victim that she planned to come to India to meet him and set up a hospital. On Oct 14, 2024, Lalita informed him that she arrived in India carrying 2 million dollars. A woman named "Mahek Agrawal" then contacted the victim, claiming to be from Mumbai airport immigration and said that Lalita needed help with immigration charges. Trusting their claims, the victim began transferring money to various bank accounts as instructed. Between Oct and Dec 2024, the victim made several online transfers from his bank accounts. He paid money under different pretexts such as immigration charges, International Monetary Fund (IMF) certificate fees, anti-money laundering charges, and Royal Bank of Scotland account activation and upgrade charges. In total, he transferred Rs 1,93,01,500 to various accounts shared with him over WhatsApp messages and emails. He mentioned that he was also sent a Royal Bank of Scotland debit card by courier and was asked to withdraw a small amount to verify the card. Later, Mahek Agrawal claimed that Lalita was detained by US consulate authorities and demanded Rs 83 lakh more for her release. At that point, the victim realised he was cheated. After discussing the matter with a friend, he contacted the cybercrime helpline 1930. A cybercrime complaint was filed and later transferred to Bopal police station. The victim submitted screenshots of his WhatsApp conversations and bank transaction details as evidence. Based on the complaint, police registered an FIR under relevant sections of the Bharatiya Nyaya Sanhita for cheating and abetment, and under sections of the Information Technology Act against Deswal Lalita and Mahek Agrawal.
