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Matchmaking service provider Matrimony.com has launched its exclusive dating mobile application 'MeraLuv' aimed at serving the Indian nationals living in the United States. The application has robust safety mechanism prioritising user privacy and each profile undergoes rigorous verification towards providing a secure environment for the users, the company said in a statement on Thursday. "As the population of Indians in the US continues to rise, we discovered that there is a need for them to connect with individuals who resonate with their values, lifestyle and aspirations. MeraLuv is poised to help them find a match within the diaspora," said company founder-CEO Murugavel Janakiraman. The application has been launched after extensive research and consultation with the members of the Indian community and serves to address the gap in the market, the release added.
Matchmaking service provider Matrimony.com has reported a consolidated profit for the fourth quarter ending March 31, 2023 of Rs 11.40 crore, the company said on Wednesday. The city-based firm had registered a consolidated profit at Rs 11.70 crore during the corresponding quarter the previous year. For the financial year ending March 31, 2023 the profit of the company slipped to Rs 46.67 crore from Rs 53.59 crore registered last financial year. The total income on consolidated basis during the quarter under review increased to Rs 119.96 crore from Rs 116.26 crore recorded in the same period last year. For the financial year ending March 31, 2023 the consolidated total income grew to Rs 480.15 crore from Rs 452.43 crore registered in the same period last financial year. Commenting on the financial performance, chairman and managing director Murugavel Janakiraman said, "We improved on the quarter-on-quarter momentum." "With our ongoing initiatives, we expect to have a good start in
Matchmaking service provider Matrimony.com has reported consolidated net profit for the July-September quarter at 11.70 crore, the company said on Friday. The city-based company had registered consolidated net at Rs 16.57 crore during corresponding quarter of previous financial year. For the half year ending September 30, 2022 the consolidated profit after tax stood at Rs 23.66 crore, as against Rs 30.39 crore registered in the same period of last year. The consolidated total income went up to Rs 119.07 crore during the quarter under review from Rs 113.90 crore registered in the same period of last financial year. For the six-month period ending September 30, 2022 the consolidated total income stood at Rs 239.83 crore as against Rs 223.57 crore registered in the corresponding quarter of previous year. "This quarter has been a subdued quarter due to seasonality. We will continue to leverage our new launches to enhance the momentum and at the same time provide the needed impetus for