Quick Heal net profit grows 6% to Rs 14 crore in December quarter
Security software provider Quick Heal Technologies on Monday said its consolidated net profit grew 6.1 per cent to Rs 14.3 crore in December quarter 2021.
The company had posted a net profit of Rs 13.5 crore in the year-ago period, Quick Heal said in a regulatory filing.
Total revenue rose 13.9 per cent to Rs 79.6 crore in the quarter under review, from Rs 69.9 crore in the year-ago period, it added.
We delivered a robust third quarter in terms of revenue, subscribers, profitability and cash flow which is a testament to our team's strong execution. Our continued commitment to secure our customers' ever-increasing online footprint helped us add 818,000 new subscribers," Managing Director and CEO Kailash Katkar said.
He added that the growth in enterprise segment has been promising and the company expects the momentum to continue in the coming 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 .