IT Software Products company Quick Heal Technologies announced Q2FY24 & H1FY24 results:
- Recorded Rs 78.4 crore revenue (52% QoQ growth) & Rs 12.9 crore PAT
- 82 Enterprise Clients onboarded for new products in H1FY24
- India's only full-stack enterprise cybersecurity company to provide integrated solutions aligned with Cybersecurity Mesh Architecture
- Launched Quick Heal Version 24 with ground-breaking & unique features like metaProtect - a cloud-based security management platform revolutionizing consumer cybersecurity
- Over 80 million malicious attacks including 300K ransomware attacks detected & prevented in the quarter
- Empowered over 50 lakh lives through our CSR initiatives till date
Speaking about the business performance Vishal Salvi, Chief Executive Officer, Quick Heal Technologies, said, “This quarter has been a dynamic and exciting period for us. We are delighted to announce a significant turnaround for the company and our strategic focus remains on achieving profitable growth. We deeply understand the challenges faced by Chief Information Security Officers when it comes to managing and integrating multiple security products. Hence, we are committed to R&D and innovation that fuels the development of secure and simplified solutions for businesses, individuals, and nations. We take pride in being India's only full-stack enterprise cybersecurity platform provider through our brand SEQRITE, to offer integrated, modular, scalable, sentient, and easy-to-deploy & operate solutions. Our primary goal is to ensure a sustainable secure digital future for all.”
Ankit Maheshwari, Chief Financial Officer of Quick Heal Technologies, said, “Our continued investment in research and development, supported by focused sales and marketing, has yielded consistent growth in both our revenue and profitability. We have witnessed a steady increase in revenues by 52% QoQ and profitable growth. Our newly introduced products are gaining market traction at a steady pace. We are excited to see signs of a revival in our consumer business, which has shown promising indicators of a rebound, while our enterprise segment maintains a steady growth trajectory. Our unwavering commitment remains centered on delivering lasting value to our investors and stakeholders.”