Matrimony Share Price Soared Up to 12%: Board to Consider Share Buyback on December 15

Shares of Matrimony.com jumped as much as 12% in Monday trading, December 8, following the company’s announcement that it will consider a proposal for a share buyback on December 15.

Matrimony Share Buyback History

This will mark Matrimony.com’s third share buyback in the past three years, following previous buybacks in 2022 and 2024. The record date for the upcoming buyback has not yet been disclosed.

In September 2024, the company had announced a ₹72 crore buyback, repurchasing 7.02 lakh shares between October 30 and November 6 at ₹1,025 per share. The buyback price represented a 27% premium over the closing price on September 5, the day before the announcement.

Matrimony.com’s first buyback was in May 2022, when it proposed a ₹75 crore repurchase at ₹1,150 per share, a 71% premium to the previous day’s closing price.

Interestingly, in both previous buybacks, the Matrimony share price did not reach the buyback price. The stock’s all-time high remains ₹1,242, recorded in February 2021, well before the buyback programs were initiated.

Also Read: Hindustan Construction Company Rights Issue Record Date on December 5: What You Need to Know

Matrimony.com Q2FY26 Earnings Highlights

For the quarter ended September 30, 2025, Matrimony.com reported consolidated billings of ₹118.4 crore, marking a 6.7% year-on-year growth but a 6.1% decline compared to the previous quarter. Consolidated revenue stood at ₹114.6 crore, down 0.8% year-on-year and 0.6% quarter-on-quarter, while profit after tax (PAT) fell sharply by 41.1% year-on-year to ₹7.8 crore, a 7.7% decline from the preceding quarter.

In the Matchmaking segment, billings rose 6.9% year-on-year to ₹117.5 crore but fell 6.2% sequentially, with revenue at ₹113.5 crore, down 0.6% year-on-year and 0.5% quarter-on-quarter.

Murugavel Janakiraman, Chairman and Managing Director said, “We continued our billings growth in second quarter as well, on a year-on-year basis. We expect billing growth to improve further in the coming quarters on account of various improvements that we are taking across the business. We have started monetisation of ManyJobs business and made a strategic investment in Bharat Ek Khoj Spiritual Tech Private Limited an AI powered platform for Astrology related services and for learning Vedic Shastra.”

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