Quick Heal Q1 FY27: Revenue drops 21%, loss narrows on tax refund
QUICKHEAL · price
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Quick Heal Q1 FY27 revenue fell 21.4% YoY to Rs 45 Cr; consumer segment down 39% and enterprise down 5.5%. Loss narrowed to Rs 5.3 Cr from Rs 5.5 Cr, helped by a one-time Rs 6.73 Cr service tax refund booked in other income. EBITDA loss widened to Rs 17.6 Cr from Rs 9.7 Cr. New CEO Harish Kumar G S took charge on June 18. Overdues reduced from Rs 151 Cr to Rs 107 Cr, order book stands at Rs 56 Cr. Board proposes re-appointment of Richard Stiennon as Independent Director.
Revenue decline deepens across segments; one-time tax refund props up bottom line. Watch for consumer recovery and enterprise order conversion.