24^th January 2024, Pune: Quick Heal Technologies Limited, a global cybersecurity solutions provider catering to consumers and enterprises, reported its unaudited results for the quarter and nine months ended 31^st December 2023.

Key Highlights - Q3 FY24:

• Revenue at ₹81.9 Cr
• EBIDTA at ₹11.6 Cr
• PAT at ₹10.1 Cr

Commenting on the consistent business performance, Vishal Salvi, Chief Executive Officer, Quick Heal Technologies Limited, 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 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 Limited, said, "We are pleased to share that in Q3 FY24, 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 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 towards 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."

Highlights of the Quarter Q3 FY24:

• Achieved INR 81.9 Crs Revenue & INR 10.1 Crs PAT for the quarter Q3 FY24
• Signed an MoU with IIM Nagpur for deep research on cybersecurity
• Added 59 Enterprise Clients onboarded for new products in Q3 FY24
• 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 Mr Ajit Zanjad, as Head of Deliver,y and Dr. Lalit Mohan, as 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

As a pioneer in the cybersecurity industry, Quick Heal Technologies Limited is committed to delivering cutting-edge solutions that empower individuals, businesses & nations to safeguard their digital assets and identities. With a strong focus on innovation, simplification, customer-centricity along with social responsibility to create a positive impact on society and the environment. Quick Heal Technologies Limited believes that cybersecurity is not just a product, but a culture that needs to be embraced by all stakeholders in the digital economy.

About Quick Heal Technologies Limited

Quick Heal Technologies Limited is a leading global cybersecurity solutions provider. Incorporated in the year 1995, with a registered office in Pune, it is an end-to-end cybersecurity player with presence in B2C, B2B and B2G segments. Quick Heal’s portfolio includes solutions under the widely recognized brand names ‘Quick Heal’ and ‘SEQRITE’. Backed by AI and patented technologies, the range of award-winning solutions caters to endpoints, network, data, mobility and cloud. With a heavy focus on R&D and innovation, the company aims to simplify security by delivering the best-in-class protection against advanced cyber-threats to millions of its customers, enterprises and government organizations worldwide

For more information about the Company, please visit our website www.quickheal.co.in

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