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Business EconomyPosted at: Aug 1 2024 5:40PM


Quick Heal Technologies Limited reports Q1FY25 results

New Delhi, Aug 1 (UNI) Quick Heal Technologies Limited, a leading global cybersecurity solutions provider, has announced its unaudited financial results for the quarter ended June 30, 2024.

Commenting on the company's performance, Vishal Salvi, Chief Executive Officer, Quick Heal Technologies Limited, said, “As AI natives with our patented GoDeep. With AI at the heart of our products, we proudly stand as the first and only Indian cybersecurity firm to join the US AISIC, contributing to the global AI narrative.
We are excited to report a remarkable start to FY25, with significant growth in both the consumer and enterprise businesses.
This quarter’s performance highlights the effectiveness of our strategic initiatives and innovation in the evolving cybersecurity landscape.
Our Phase-2 products, including XDR, Zero Trust, and Data Privacy, have started generating significant traction. We are also beginning to build next-generation products, expanding our offerings under Zero Trust and Data Privacy, along with new innovations like threat intelligence and the use of generative AI.
This reinforces our global leadership in comprehensive cybersecurity. Our expansion strategies are proving successful, with strategic partnerships driving deeper market penetration. We continue to enhance our execution capabilities with strategic mid-management hires. Additionally, the Customer Experience Centre, launched last quarter, has received overwhelmingly positive feedback, emphasising our commitment to delivering exceptional customer experiences.”

Ankit Maheshwari, Chief Financial Officer, Quick Heal Technologies Limited, added, “Quick Heal has delivered a strong financial performance in Q1 FY25, with significant year-on-year growth in both revenue and profitability.
Our enterprise business has shown particularly impressive growth, driven by the increasing adoption of our new product offerings. The consumer segment also remains robust, benefiting from our continuous innovation and enhanced product features in tough market conditions.
We continue to invest heavily in R&D, including our Horizon-3 products, and in expanding our sales capabilities. These strategic investments are paying off, setting a solid foundation for sustained growth throughout FY25.”
As we move forward in FY25, Quick Heal Technologies Limited remains at the forefront of the cybersecurity landscape, driven by our core purpose to innovate, simplify, and secure individuals, businesses, and government organisations worldwide. Our quarter's performance reflects not just steady financial growth but also the increasing trust placed in us by millions of our customers in over 70 countries.
Our commitment to cybersecurity extends beyond products to fostering a culture of cybersecurity awareness and preparedness, as reflected by our recent achievement of becoming the only cybersecurity-focused firm from India to be a member of the US Artificial Intelligence Safety Institute Consortium.
Quick Heal stands as a strong Make-in-India success story for the world to witness, demonstrating global expertise with a heavy focus on R&D to address specific challenges faced by enterprises and nations globally.
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