Highlights
- Revenue at Rs 1,038 mln up 23%
- EBIDTA at Rs 463 mln up 18%
- PAT at Rs 346 mln up 20%
- Cash PAT at Rs 388 mln up 15%
- The company delivered strong revenue and profitability for the quarter while further consolidating its position in the retail as well as enterprise and government segment.
Dr. Kailash Katkar, Managing Director and Chief Executive Officer, Quick Heal Technologies Limited, said, “Our robust all-round performance during the quarter in terms of revenue, profitability and cash flow generation along with strong growth outlook continue to demonstrate our strategic focus and the strength of our offerings in the cybersecurity space. Despite all the challenges due to COVID
related disruptions, we have demonstrated our agility with strong performance in both retail as well as enterprise and government segment.
He further added, “We have been able to achieve double digit growth in the enterprise segment consistently in the last few quarters. In line with our strategy to boost market share, we continue to invest in R&D and strengthen leadership team that will enable us to launch next-generation solutions in the coming quarters.”
Mr. Nitin Kulkarni, Chief Financial Officer, Quick Heal Technologies Limited, said, “With easing of lockdown restrictions and continuous improvement in economic activity post the second wave of COVID-19, the company witnessed significant growth in the current quarter. With economy rebounding sharply, we have increased our investment in marketing & brand promotion along with continued focus on innovation. This will help in increasing brand recognition and customer reach which will accelerate future growth. We were able to manage our working capital in an efficient way which has resulted in better cash flow. Our balance sheet remains strong with zero debt and cash and cash equivalents of Rs 3,166 mln as on 30th September 2021.”
