Matrimony.com delivered a strong start to FY27, with consolidated net profit more than doubling year-on-year to ₹19.1 crore in the June quarter as revenue growth and higher paid subscriber additions helped improve the company’s financial performance. Operating revenue rose 13% year-on-year to ₹130.5 crore, while total expenses remained largely unchanged, allowing the matchmaking platform to translate higher revenue into significantly stronger profitability.
The company’s performance also marked a sharp improvement from the previous quarter. Net profit rose 96% sequentially from ₹9.7 crore in Q4 FY26, while operating revenue increased 12% from ₹116.8 crore. Matrimony added 2.72 lakh paid subscribers during the quarter, helping its core matchmaking business generate higher billings and revenue.
Matrimony’s Q1 FY27 Financial Performance
Matrimony’s latest results show a significant improvement in both the top and bottom lines.
| Metric | Q1 FY27 | YoY Change |
|---|---|---|
| Operating Revenue | ₹130.5 crore | 13% |
| Net Profit | ₹19.1 crore | 2.2X |
| Total Income | ₹137.1 crore | — |
| Total Expenses | ₹111.9 crore | Largely flat |
| EBITDA | ₹26.3 crore | More than 2X |
| EBITDA Margin | 20.1% | Up from 11% |
| Paid Subscribers Added | 2.72 lakh | — |
| Total Billings | ₹136.5 crore | Up from ₹120.4 crore |
The figures indicate that Matrimony benefited not only from increased revenue but also from operating leverage, with expenses remaining broadly stable despite the increase in business activity.
Matchmaking Business Drives Growth
The company’s core matchmaking operation remained the primary growth engine during the quarter.
Revenue from matchmaking services increased 14% year-on-year to ₹129.5 crore, accounting for almost all of the company’s operating revenue. Matchmaking billings rose 8% to ₹135.3 crore.
The company added 2.72 lakh paid subscribers during Q1 FY27, providing a larger base of paying customers and supporting higher billings.
Matchmaking Segment Performance
| Metric | Q1 FY27 |
|---|---|
| Matchmaking Revenue | ₹129.5 crore |
| Matchmaking Billings | ₹135.3 crore |
| New Paid Subscribers | 2.72 lakh |
| Revenue Growth | 14% YoY |
| Billing Growth | 8% YoY |
The growth suggests that Matrimony’s focus on paid matchmaking services continues to generate relatively predictable recurring revenue from users seeking premium access and assisted matchmaking services.
Profitability Improves Sharply
The most notable feature of the quarter was the improvement in profitability.
Matrimony’s EBITDA more than doubled year-on-year to ₹26.3 crore, compared with the year-ago period. EBITDA margin expanded to 20.1% from 11%, showing that revenue growth translated into a disproportionately larger improvement in operating profit.
The matchmaking services segment generated EBITDA of ₹26.9 crore, compared with ₹13.9 crore a year earlier.
Meanwhile, marriage services and other businesses reduced their EBITDA loss to ₹0.6 crore from ₹1.2 crore in Q1 FY26.
This combination of stronger matchmaking profitability and lower losses from newer businesses helped lift overall earnings.
Expenses Remain Under Control
Matrimony’s total expenses stood at ₹111.9 crore during the quarter and remained largely flat compared with the year-ago period.
The ability to increase revenue while keeping expenses stable was an important contributor to the improvement in margins.
For a consumer internet company, controlling marketing and employee costs while expanding its paid user base can have a significant impact on profitability because additional revenue can be generated without a proportionate increase in fixed operating costs.
Omnichannel Matchmaking Strategy
Matrimony.com has built its business around a combination of digital matchmaking platforms and assisted offline services.
Founded in 2001 by Murugavel Janakiraman, the company operates hundreds of regional and community-specific matchmaking websites and has more than 130 physical outlets across India.
This gives the company an omnichannel model that combines online discovery with offline assistance.
The strategy allows Matrimony to target users across different regions, languages and communities while offering different levels of matchmaking assistance.
Management Remains Optimistic
Matrimony chairman Murugavel Janakiraman said the company had started the financial year on a strong footing after more than doubling net profit and recording double-digit revenue growth. Management expects this growth momentum to continue through FY27.
The comments indicate that the company sees its Q1 performance as part of a broader improvement rather than a one-off increase in profitability.
Continued subscriber additions and stronger monetization will therefore remain important indicators for the company’s performance during the rest of FY27.
CFO Resigns
Alongside its quarterly results, Matrimony announced the resignation of its chief financial officer, Harigovind Krishnasam.
Krishnasam joined the company in July 2025 and is scheduled to leave at the close of business on August 17, 2026. The company said he is relocating to Bengaluru and intends to pursue opportunities outside the organisation.
The leadership change comes as Matrimony enters FY27 with improved profitability and stronger revenue momentum.
Investor Response
Investors reacted positively to the quarterly performance. Matrimony’s shares ended the August 11 trading session 12.2% higher at ₹537.80 on the BSE, according to Inc42.
The market reaction reflects investor interest in the company’s improving earnings profile after a relatively subdued FY26. Matrimony’s full-year FY26 net profit had declined 24.5% to ₹34.2 crore, while operating revenue was almost flat at ₹460 crore.
The Q1 rebound therefore represents a meaningful change from the previous fiscal year’s performance.
What the Results Mean for Matrimony
The latest quarter suggests that Matrimony is benefiting from three important trends: higher paid subscriber additions, increased matchmaking revenue and tighter expense control.
Its ability to increase EBITDA margin from 11% to 20.1% is particularly significant because sustained margin expansion can create room for the company to invest more aggressively in technology, customer acquisition and new matchmaking services without sacrificing profitability.
At the same time, the company will need to maintain subscriber growth in a competitive online matchmaking market where consumers have access to numerous platforms and increasingly expect personalized digital experiences.
Looking Ahead
Matrimony’s Q1 FY27 results indicate a strong recovery in its financial performance, with net profit more than doubling to ₹19.1 crore and operating revenue increasing 13% to ₹130.5 crore. The addition of 2.72 lakh paid subscribers, combined with largely flat expenses, helped the company achieve substantial operating leverage and push EBITDA margins above 20%.
Looking ahead, sustaining paid subscriber additions and revenue growth will be crucial for Matrimony as it seeks to build on the momentum from the June quarter. If the company can maintain its cost discipline while expanding its matchmaking customer base, the improved profitability seen in Q1 could become an important foundation for stronger financial performance through FY27.
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