Jeevansathi turns profitable for the first time in 10 yrs
Matrimonial platform Jeevensathi has turned profitable at the operating level in the first quarter of 2016-17, a first for the company in 10 years. The platform clocked in ₹65 lakh in earnings before interest and taxes during the first quarter of the current financial year. The revenue grew 34% y-o-y from ₹10.9 crore to ₹14.6 crore in FY 2016-17.