Matrimony.com Limited stock: There was a tremendous rise in the shares of Matrimony.com, which provides services related to marriage. The company’s shares are up about 15% today. Intraday shares of Matrimony.com (Matrimony.com Limited stock price) are trading at Rs 769.05 on NSE. Actually, this rise in shares has come after the company’s fourth quarter results.
Company’s profit in the fourth quarter
Matrimony.com’s consolidated net profit jumped 15.6 per cent to Rs 11.70 crore in the fourth quarter of FY 2021-22. Giving information about the quarterly results, the company’s Chairman and Managing Director Murugavel Janakiraman said that in the corresponding quarter of the financial year 2020-21, the consolidated net profit stood at Rs 10.12 crore. For the full financial year 2021-22, the company’s consolidated net profit jumped 31.44 per cent to Rs 53.59 crore from Rs 40.77 crore a year ago.
Also read- Elon Musk puts ‘break’ on Twitter deal, know what is the whole matter?
The company’s total income rose to Rs 116.26 crore in the fourth quarter. It stood at Rs 105.06 crore in the same quarter of the financial year 2020-21. At the same time, the company’s total income for the entire financial year stood at Rs 452.43 crore as compared to Rs 395.33 crore a year ago.
Also read- Leave of two employees from the management level of Twitter, new hiring also closed, turmoil in the company!
The company announced to give dividend
The Board of Directors of the company has also recommended a final dividend of Rs.5 per equity share at a face value of Rs.5.