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TrulyMadly

TrulyMadly becomes profitable again; revenue declines

TrulyMadly

Online dating portal TrulyMadly has become profitable again as it reported a net profit of Rs 19.57 lakh in the fiscal year ending on March 31, 2019. The Sachin Bhatia-led startup was also profitable in FY18.

According to RoC filing with MCA, TrulyMadly’s revenue from operations in FY19 was recorded at Rs 2.89 crore as compared to Rs 3.61 crore in FY18. The company also controlled its expenses from Rs 3.59 crore in FY18 to Rs 3.22 crore in FY19. (Source MCA)

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