{"id":17978,"date":"2022-01-24T20:56:27","date_gmt":"2022-01-24T15:26:27","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-results-quick-heal\/"},"modified":"2022-01-24T20:56:27","modified_gmt":"2022-01-24T15:26:27","slug":"biz-results-quick-heal","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-quick-heal\/","title":{"rendered":"Quick Heal Dec qtr profit grows 6 pc to Rs 14 cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3418792758\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Jan 24 (PTI) 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.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2617218577\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The company had posted a net profit of Rs 13.5 crore in the year-ago period, Quick Heal said in a regulatory filing.<\/p>\n<p> 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.<\/p>\n<p> \u201cWe delivered a robust third quarter in terms of revenue, subscribers, profitability and cash flow which is a testament to our team&#8217;s strong execution. Our continued commitment to secure our customers&#8217; ever-increasing online footprint helped us add 818,000 new subscribers,&#8221; Managing Director and CEO Kailash Katkar said.<\/p><div class=\"trade-content_5\" id=\"trade-1239403629\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> He added that the growth in enterprise segment has been promising and the company expects the momentum to continue in the coming quarters.<\/p>\n<p> &#8220;In line with our strategy to boost market share, we continue to invest in R&#038;D and strengthen leadership team that will enable us to launch next-generation solutions in the coming quarters,\u201d he said.<\/p>\n<p> The company saw its retail segment revenue rise 8.1 per cent year-on-year to Rs 65.2 crore (from Rs 60.3 crore in the corresponding period of the previous year), while enterprise and government segment revenue was up 11.3 per cent year-on-year at Rs 20.1 crore in the quarter under review (from Rs 18 crore).<\/p>\n<p> Chief Financial Officer Navin Sharma said,&#8221;We delivered solid results in Q3, as continued strong demand for our cybersecurity products across our diversified global go-to-market channels, coupled with our focus on operational discipline, resulted in 14 per cent y-o-y growth in revenue and 24 per cent y-o-y growth in EBITDA.<\/p>\n<p> &#8220;In line with our continued focus on R&#038;D and innovation, we spent 27 per cent of revenues as R&#038;D during the quarter.&#8221;  \t He added that the company&#8217;s balance sheet remains strong with zero debt and cash and cash equivalents of Rs 327.5 crore as on December 31, 2021.<\/p>\n<p> &#8220;We are committed to driving shareholder value by growing profitability across both of our segments and driving solid unlevered cash flow,&#8221; he said. PTI SR  ANU ANU<\/p><div class=\"trade-content-10\" id=\"trade-460279100\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<div class=\"trade-after-content\" id=\"trade-1524880180\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 24 (PTI) 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 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-17978","post","type-post","status-publish","format-standard","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Quick Heal Dec qtr profit grows 6 pc to Rs 14 cr - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-results-quick-heal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quick Heal Dec qtr profit grows 6 pc to Rs 14 cr\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 24 (PTI) 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. 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