Conference Call with Quick Heal Technologies Ltd. Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
IT Software Products company Quick Heal Technologies announced Q2FY25 results Financial Highlights: Revenue: Rs 143.8 crore. EBITDA: Rs 5.7 crore. PAT: Rs 8.2 crore Kay Highlights: Launched AntiFraud.AI, a new category in consumer security vertical, a cutting-edge solution, aimed at combating sophisticated financial fraud demonstrating its market and thought leadership yet again. Received its 9th Patent in the domain of controlling access to resources in a network, demonstrating its commitment towards constant innovation. Continued development of Horizon-3 products, with a focus on Zero Trust, Threat Intelligence and DPDP readiness solutions as the implementation of the Digital Personal Data Protection Act approaches. Onboarded Sangamesh Shivaputrappa as Head of Seqrite Labs & MDR, and Sonal Raj as Director – Marketing, to further strengthen its leadership team. Seqrite Endpoint Protection received a perfect score of 18.0/18.0, featuring as the top product, in the recent third-party certification done by AV-Test. Quick Heal Total Security received AV-TEST certification, achieving excellent score of 17.5/18.0. Launched its Culture Code, reinforcing its commitment to excellence, integrity, and innovation. Continued profitable growth, balancing innovation with financial prudence. Vishal Salvi, Chief Executive Officer, Quick Heal Technologies, said: “ I am thrilled to announce the launch of AntiFraud.AI, a groundbreaking addition, first of its kind, to our consumer security portfolio that will help in preventing digital frauds for the end consumers. This cutting-edge AI/ML native solution represents a key milestone in our Horizon-3 product roadmap, setting the stage for our future growth. We are proud to report a robust 11% YoY revenue growth and an impressive 238% EBITDA increase in H1FY25, driven by strong performance in both consumer and enterprise verticals. The ongoing success of our Quick Heal and Seqrite brands highlights our ability to deliver cutting-edge cybersecurity solutions. Our relentless pursuit of innovation is further underscored by receiving another patent, this time for controlling access to resources in a network, showcasing the strength of our intellectual property and our commitment to advancing the cybersecurity domain. In our commitment towards deep research and innovation to tackle the advanced malwares and dynamic threat landscape, I am happy that Sangamesh S has joined us to head the Seqrite Lab. “ Ankit Maheshwari, Chief Financial Officer, Quick Heal Technologies, said:, "Our H1FY25 financial results demonstrate the success of our strategic initiatives and the growing demand for our cybersecurity solutions. Our momentum is a strong indicator of our future growth potential and the trust our customers place in our long-term value proposition. Our enterprise vertical continues to show continued growth, driven by the increasing adoption of our new product offerings, particularly in the Horizon-2 category. The consumer vertical remains robust, benefiting from our continuous innovation and enhanced product features, even in challenging market conditions. We continue to invest strategically in R&D;, including our Horizon-3 products like AntiFraud.AI, while expanding our sales capabilities. These investments, coupled with our focus on operational efficiency, are setting a solid foundation for sustained growth and profitability in the coming quarters and beyond." Result PDF