Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Matrimony Q1: Profit Falls 40% YoY To INR 8.4 Cr
Matrimony.com posted a 40% YoY decline in net profit for Q1, falling to INR 8.4 Cr due to increased marketing spends and platform investments. While revenues grew modestly, higher operational costs impacted margins. The company plans to improve monetisation strategies.