Matrimony.com Limited, which runs BharatMatrimony has posted its earnings for fourth quarter FY18 (Q4FY18) ending March 31, 2018. The Chennai-based company has posted consolidated revenues of Rs 84.39 crore for the quarter, representing a YoY growth of 12%. The Earnings before Interest, Tax and Depreciation (EBITDA) for the quarter stood at Rs 19.95 crore as against Rs 15.8 crore in the same quarter last year, up 26.3%. This is the company's second quarterly results after its IPO in September last year. The company posted a net profit of Rs 16.6 crore, a growth of 64.3 % on year-on-year (YoY) basis, but down 28% quarter-on-quarter (QoQ) from Rs 23 crore in Q3FY18. Company's CEO Murugavel Janakiraman said that the company acquired secondshaadi.com, an exclusive portal for and combined it with its existing portal divorceematrimony.com. "We will continue to invest in brand building in the matrimony segment and expect the revenue to expand in coming quarters," he said. For FY18, the company posted revenue of Rs 335.54 crore, representing growth of 14.5% against the corresponding previous year. The EBITDA for the financial year stood at Rs 77.69 crore as against Rs 58.95 crore for the corresponding previous year, a growth of 31.8%. The company's net profit for the year was at Rs 73.36 crore, up 72.3% against the corresponding previous year. Matrimony.com said in a statement the net profit for the year includes the one-time receipt of Rs 12.82 crore from the CEO towards the obligation he had as per the terms of the agreement between defendants of…
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