ResultsBusinessLine
Matrimony.com acquires 50% stake in Astro-Vision; Q2 PAT up 3x
Positive+37Company event
GreyOak summary
Matrimony.com's board approved acquiring a 50% stake in Astro-Vision for Rs 8 crore, raising its total holding to 76.09%. The deal aims to leverage synergies between matchmaking and astrology services. Separately, Matrimony reported a Q2 PAT of Rs 21 crore, a near three-fold increase from the previous year, with revenue rising 18.4% to Rs 135 crore.
What it affects
- Matrimony.ComMATRIMONYPositive +37
Acquired 50% stake in Astro-VisionRolling sentiment Positive +37
Source
Read the original at BusinessLineMore Matrimony.Com news
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