The company reported a net profit of Rs 39.7 crore in the March 2021 quarter. The company had posted a net profit of Rs 7.9 crore in the year-ago period.
The counter jumped 20 per cent to hit the circuit during early trade at Rs 227.45. However the euphoria fizzled out and it was trading at Rs 214.40. It was closed at Rs 189.55 in the previous session.
Its revenues increased 63.9 per cent to Rs 105.2 crore in the quarter under review from Rs 64.2 crore in the January-March 2020 quarter, it added.
For FY21, Quick Heal’s consolidated net profit was up 43.8 per cent to Rs 106.9 crore, while revenue grew 16.4 per cent to Rs 333 crore over the previous fiscal.
The Board has announced a dividend of Rs 4 per share. Quick Heal Technologies has announced a buyback of about 63.26 lakh equity shares for up to Rs 155 crore at Rs 245 per share.
