Matrimony Q2 PAT seen up 27% YoY to Rs. 14.9 cr: ICICI Securities

ICICI Securities has come out with its second quarter (July-September’ 24) earnings estimates for the online services sector. The brokerage house expects Matrimony to report net profit at Rs. 14.9 crore up 27% year-on-year (up 5% quarter-on-quarter).

Net Sales are expected to increase by 12 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 128.3 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18 percent Y-o-Y (up 7 percent Q-o-Q) to Rs. 21.9 crore.

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