Quick Heal, a city-based cybersecurity provider, reported a loss ...
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Quick Heal, a city-based cybersecurity provider, reported a loss of Rs. 93 crore in Q3 FY23, while its revenues also declined by 16% to Rs. 67 crore in the quarter year-on-year. The company highlighted the decline in its consumer business due to overall lower spends in technology in the same quarter in the previous fiscal. Quick Heal earned a profit of around Rs. 14 crore in Q3 FY23. The company noted that its enterprise business, which it has focused significant investments and research, grew for the tenth straight quarter.
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