Quick Heal Technologies Limited Reports Q3 FY25 Results

Pune, 4th February 2025: Quick Heal Technologies Limited, a global cybersecurity solutions provider, today announced its unaudited financial results for the quarter and nine months ended December 31, 2024.

Key Financial Highlights:

Commenting on the company’s performance, Vishal Salvi, Chief Executive Officer, Quick Heal Technologies Limited, said, “We are starting to witness successful execution of our strategic initiatives and the growing momentum in our new product pipeline. The Pan-India market launch of AntiFraud.AI, coupled with the introduction of our Annual Threat Report at the AISS event, demonstrates our thought leadership in the cybersecurity domain. Additionally, the launch of SMAP (Seqrite Malware Analysis platform) and Threat Intelligence (TI) solutions, along with the first order for TI, reflects our ability to address evolving customer needs. With the recent release of the draft DPDP provisions, we are witnessing a surge in interest as our Seqrite Data Privacy products are well-positioned to capitalize on the new regulations. Our focus on innovation and strategic hirings in mid-management positions us well for sustained growth, as we continue to deliver cutting-edge cybersecurity solutions.”

Ankit Maheshwari, Chief Financial Officer, Quick Heal Technologies Limited, added, “We have witnessed headwinds in the Consumer business and Government vertical resulting in muted performance in the quarter. We have made conscious investments in the Horizon-3 product launches and the marketing launch of AntiFraud product. I am happy to state that we have launched the new product in the Horizon-3 category as we had committed. While it might have impacted the profitability in the short term, which is Q3, these are long-term investments made towards our growth journey for the future. We are experiencing structural shift in our business, with a growing confirmed order book standing at 7.18 crores as against 35 lacs at the end of Q2. We remain committed to balancing innovation with financial prudence, ensuring long-term value creation for our stakeholders.”

Key Highlights of Q3 FY25 include:

• AntiFraud.AI Pan-India Launch: Successfully rolled out a nationwide marketing campaign for AntiFraud.AI, driving awareness and adoption of this groundbreaking fraud prevention solution.
• Annual Threat Report: Launched the Annual India Threat Report at the AISS event, providing critical insights into emerging cybersecurity threats and trends.
• Seqrite Product Launches: Introduced Seqrite Malware Analysis Platform and Threat Intelligence solutions, with the first TI order already secured.
• Strategic Partnerships: Signed MoU with BIRD (Bankers Institute of Rural Development), Lucknow to collaborate on advanced threat detection and response capabilities setting up a Cybersecurity Lab.
• Academy Expansion: Received an order from an international university for the Quick Heal Academy, further expanding its global footprint in cybersecurity education thereby bridging the skill-set gap.
• Leadership Strengthening: Onboarded key hires, including Sales Directors, Customer Success Manager, and Head of Academy, to drive growth and innovation.
• DPDP Act Readiness: Advanced the development of DPDP (Digital Personal Data Protection) readiness solutions, positioning the company to address upcoming regulatory requirements.
• Awards and Recognitions: Seqrite Endpoint Security achieved prestigious AV-TEST Corporate Endpoint Protection certification, demonstrating excellence in enterprise security.
• New Product Pipeline: Continued to build a robust pipeline of innovative products, ensuring sustained growth and market leadership.
• Corporate Social Responsibility: Hosted Cyber Shiksha for Cyber Suraksha Awards 2025 honoring volunteering students, teachers and colleges touching over 64 lakh lives to date.

As Quick Heal Technologies Limited progresses through FY25, the company remains committed to its goal of simplifying cybersecurity for millions of customers worldwide. With a strong focus on innovation, strategic partnerships, and customer-centric solutions, Quick Heal is well-positioned to maintain its leadership in the global cybersecurity landscape.

About Quick Heal Technologies Limited

Quick Heal Technologies Limited is a leading global cybersecurity solutions provider. Incorporated in 1995 with a registered office in Pune, it offers end-to-end cybersecurity solutions across B2C, B2B, and B2G segments. With its widely recognized brands ‘Quick Heal’ and ‘Seqrite’, the company provides AI-powered, patented technologies that protect endpoints, networks, data, mobility, and cloud environments. Committed to R&D and innovation, Quick Heal Technologies continues to simplify security by delivering best-in-class protection against advanced cyber-threats to millions of customers, enterprises, and government organizations worldwide.