IT Software Products company Quick Heal Technologies announced Q3FY24 results:
- Achieved Rs 81.9 crore Revenue & Rs 10.1 crore PAT for the quarter Q3FY24
- Signed an MoU with IIM Nagpur for deep research on cybersecurity
- Added 59 Enterprise Clients onboarded for new products in Q3FY24
- Released first ever “India focused Seqrite Cyber Threat Report 2023” in association with the Data Security Council of India (DSCI), highlighting the key insights and actionable recommendations
- India's only full-stack enterprise cybersecurity company to provide integrated solutions aligned with Cybersecurity Mesh Architecture
- Became the first Indian cybersecurity company to be certified by AVLab Cybersecurity Foundation, Poland, for Quick Heal’s Safe Browser & Safe Banking feature
- Recruited Ajit Zanjad, as Head of Delivery and Dr. Lalit Mohan, as the new Chief Product Officer
- Participated in significant cybersecurity events across the country with the leading industry bodies including AISS, COCON, ISMG, and The Economic Times CISO- Data Protection & Privacy
- Blocked over 88Mn malicious attacks including 242K ransomware attacks in the quarter
Commenting on the consistent business performance, Vishal Salvi, Chief Executive Officer, Quick Heal Technologies, said, "We are pleased to report another quarter of strong performance, driven by our commitment to innovation and customer-centric solutions. As the only Indian full-stack cybersecurity alternative to global giants, we are witnessing steady demand for our products across both consumer and enterprise segments. Our momentum remains strong, poised for growth in the mid and large enterprise segments, solidifying our position further. Reflecting our leadership and expertise in the domain, Seqrite, our enterprise arm, unveiled the first India Cyber Threat Report, backed by in-depth insights and actionable recommendations, analyzed at India’s largest malware analysis facility, Seqrite Labs, in collaboration with the Data Security Council of India. With an exceptional team at Quick Heal and our robust partner network, our unwavering goal is to forge a secure and resilient digital ecosystem, reflecting our dedication to creating a cyber-safe nation and the world."
Ankit Maheshwari, Chief Financial Officer, Quick Heal Technologies, said, "We are pleased to share that in Q3FY24, we have delivered consistent results, showcasing a steady growth in revenue and profitability. In line with our commitment to innovation through investments in Research & Development, our Quick Heal version 24 became the first Indian cybersecurity solution to be certified by AVLab Cybersecurity Foundation, Poland, for the Safe Browser & Safe Banking feature. We are strengthening our enterprise engagement by partnering with key channel allies, actively participating in major cybersecurity events, and fortifying overall organizational leadership with new talent onboarded. Looking ahead, we are committed to sustaining our momentum in the coming quarters by further enhancing our product portfolio, expanding our market reach, and creating enduring value for all our stakeholders."