Shares of Matrimony.com slipped 2.29% to ₹505.10 on Thursday, November 13, after the company reported a sharp decline in profitability for the September quarter (Q2 FY26). The stock fell from the previous close of ₹516.95, reacting to weaker earnings despite largely stable revenue.
Matrimony.com reported revenue from operations of ₹114.59 crore, down 0.79% year-on-year from ₹115.50 crore and lower by 0.64% from ₹115.33 crore in the previous quarter. Total income stood at ₹120.72 crore, a 2.74% decline YoY.
Expenses for the quarter were ₹110.72 crore, compared with ₹106.91 crore in the same period last year, rising 3.56% YoY, which weighed on margins.
Profit before tax dropped sharply to ₹9.94 crore, down 42.12% YoY from ₹17.18 crore. Net profit for the quarter came in at ₹7.76 crore, slipping 41.04% from ₹13.16 crore last year and lower than ₹8.40 crore posted in Q1 FY26.
For the half year ended September 30, total income stood at ₹242.43 crore, while net profit for the period was ₹16.16 crore, compared with ₹25.12 crore and ₹27.13 crore in the corresponding half last year.
The stock has a 52-week range of ₹402.30 to ₹707.60 and a market cap of ₹10.91 billion.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
