Matrimony.com reports 31.4 pc YoY growth in PAT in FY 22

New Delhi, May 12 (UNI) Matchmaking service provider Matrimony.com Ltd on Thursday reported 31.4 % year-on-year growth in its Profit After Tax (PAT) at Rs 53.6 crore for the financial year ended March 31, 2022.
The consolidated revenue for the same period was at Rs 434.5 crore, a growth of 15 per cent, a statement from the company said.
The consolidated Profit After Tax (PAT) for Q4 was at Rs 11.7 crore, a growth of 1.8 per cent while revenue was at Rs 110.6 crore, up 1.9 per cent.
Murugavel Janakiraman, Chairman and Managing Director said, “We have demonstrated good growth in FY22 through relentless focus on execution of our strategies and tapping new horizons.
With an able leadership and passionate set of people, we are poised to enhance our growth momentum, keeping our core purpose intact.”
The Board of Directors at its meeting held on Thursday recommended a final dividend of 100 per cent (Rs 5 per equity share of par value of Rs 5 each), subject to the approval of the Shareholders.
The Board of Directors, subject to approval by the shareholders of the Company, also recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150.