India:
Quick Heal Technologies Limited, a worldwide provider of cybersecurity solutions serving both consumers and enterprises, has disclosed its unaudited financial results for the quarter and the nine months concluding on December 31, 2023.
Notable Points – Third Quarter of Fiscal Year 2024:
- Revenue: Achieved INR 81.9 Crores
- EBITDA: Recorded INR 11.6 Crores
- PAT (Profit After Tax): Stood at INR 10.1 Crores
Highlights of the Quarter Q3 FY24:
- Attained a revenue of INR 81.9 Crores and a Profit After Tax (PAT) of INR 10.1 Crores for the third quarter of Fiscal Year 2024.
- Formed a Memorandum of Understanding (MoU) with IIM Nagpur to conduct in-depth research on cybersecurity.
- Onboarded 59 new enterprise clients for the introduction of new products in the third quarter of Fiscal Year 2024.
- Launched the inaugural “India-focused Seqrite Cyber Threat Report 2023” in collaboration with the Data Security Council of India (DSCI), presenting key insights and actionable recommendations.
- Distinguished as India’s sole full-stack enterprise cybersecurity company, offering integrated solutions aligned with the Cybersecurity Mesh Architecture.
- Achieved the milestone of being the first Indian cybersecurity company certified by AVLab Cybersecurity Foundation in Poland for Quick Heal’s Safe Browser & Safe Banking features.
- Strengthened the leadership team with the appointment of Mr. Ajit Zanjad as Head of Delivery and Dr. Lalit Mohan as the new Chief Product Officer.
- Actively participated in significant cybersecurity events nationwide, collaborating with leading industry bodies such as AISS, COCON, ISMG, and The Economic Times CISO-Data Protection & Privacy.
- Successfully thwarted over 88 million malicious attacks, including 242,000 ransomware attacks in the quarter.