Matrimony.com (MATRIMONY) Q3 25/26 earnings summary

Executive summary

• Billing grew 7.8% year-over-year to INR 117.9 crore in Q3, with a slight 0.5% decline quarter-over-quarter.

• Revenue reached INR 113.2 crore, up 1.6% year-over-year but down 1.2% sequentially.

• Market leader in Indian online matchmaking with a paid subscription base of 1 million profiles in FY25 and a zero-debt, asset-light business model.

• Share buyback of INR 58.5 crore initiated in January 2026 to reward shareholders; board approved buyback of up to 893,129 shares at ₹655 per share in February 2026.

• Unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025, were approved and released.

Financial highlights

• Q3-FY26 revenue was INR 1,132 Mn, up 1.6% year-over-year; PAT was INR 83 Mn, down 16.7% year-over-year but up 7.0% sequentially.

• Consolidated revenue from operations for Q3 FY26 was ₹11,324 lakhs, up from ₹11,143 lakhs in Q3 FY25.

• Matchmaking business billing at INR 117 crore, up 8% year-over-year, down 0.5% quarter-over-quarter.

• Average transaction value for matchmaking in Q3-FY26 rose 13.3% year-over-year to INR 5,144.

• Cash and investments balance at INR 3,454 Mn as of Q3-FY26.

Outlook and guidance

• Expecting double-digit or high single-digit growth in Matrimony billings for Q4 year-over-year.

• Double-digit operational profit growth anticipated for Q4 on both QoQ and YoY basis.

• Full benefit of increased billing from one-year packages to be realized in Q1 FY 2027.

• Focus on customer segmentation and technology-driven user experience to drive growth.

• Management does not foresee any material adjustment due to the new Labour Codes and continues to monitor regulatory developments.