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Matrimony appoints Sankara Narayanan as COO

Matrimony, has appointed Sankara Narayanan Kailasam as COO. Narayanan was the head of Aircel’s strategic business unit for South India for over 10 years. He’s also worked with Vodafone as an Associate Director, CEO of Karnataka circle, Kerala circle, COO of the Chennai circle and VP of Finance North India. Prior to that, Narayanan worked as the head of finance and commercial for Ranbaxy in China and West Africa.

Matrimony Q2FY19 results

Matrimony reported consolidated revenues of Rs 88.17 crore for Q2 FY19, up 5.4% from Rs 83.59 crores in the previous quarter. PAT was down 30.3% to Rs 13.4 crore from Rs 19.2 crore in the previous quarter. In a statement, Murugavel Janakiraman, founder of Matrimony.com said that Q2 revenue was impacted due to seasonality, and the lower margins were due to higher marketing spend.

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