Quick Heal Q4 net more than doubles to Rs 49.2 cr

Security software provider Quick Heal Technologies today said its net profit more than doubled to Rs 49.2 crore in January-March 2018 against Rs 22.2 crore in the year-ago period.

Its revenues increased 29 per cent to Rs 118.7 crore in the quarter under review from Rs 92.2 crore in the January-March 2017 quarter, Quick Heal said in a statement.

For the fiscal 2017-18, net profit was up 56 per cent to Rs 83 crore, while revenue grew six per cent to Rs 318.3 crore compared to FY2016-17.

Quick Heal said retail segment revenue, which accounted for 85 per cent of the total revenue, was up 27 per cent at Rs 106.9 crore in the March 2018 quarter.

The Board of Directors have proposed the final dividend of Rs 3 per share, it said.

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