Quick Heal Technologies returned to profitability in Q2 FY27 with a net profit of Rs 5.8 crore, a reversal from the Q1 loss. The company also reported positive EBITDA of Rs 2.3 crore, driven by better credit controls and improved collections. While sequential performance shows a strong recovery, year-on-year revenue remains softer compared to the same period last year. The board also announced leadership changes, appointing Shailesh Shinde as the new Company Secretary.
Quick Heal Reports Q2 FY27 Profit of Rs 5.8 Crore
Revenue for Q2 FY27 stood at Rs 64.9 crore, with PAT at Rs 5.8 crore.
Reader Takeaway: Sequential recovery in profitability and EBITDA is positive, but year-on-year revenue contraction remains a key watch point.
What just happened
Quick Heal Technologies reported a consolidated net profit of Rs 5.8 crore for the quarter ending September 30, 2026. This marks a significant turnaround from the Rs 5.3 crore loss reported in the preceding June quarter. EBITDA also flipped into the green at Rs 2.3 crore, following a loss of Rs 17.6 crore in Q1. The company achieved this through improved collection cycles and stricter credit management.
Why this matters
The pivot to profitability suggests that the company’s recent focus on financial discipline is gaining traction. By reducing receivables to Rs 97.8 crore from Rs 106.6 crore, management has successfully freed up capital that was previously locked in the system. The enterprise segment contributed Rs 35.5 crore, closely followed by the consumer segment at Rs 35.8 crore.
Governance Update
The company confirmed the appointment of Mr. Shailesh Shinde as the new Company Secretary and Key Managerial Personnel, effective October 27, 2026, replacing Mr. Sarang Hari Deshpande. Additionally, Grant Thornton Bharat LLP has been brought on board as the Internal Auditor for the current fiscal year to oversee governance standards.
Risks to watch
While sequential growth is clear, the figures represent a decline when compared to the same quarter last year (Q2 FY25), where revenue stood at Rs 83.5 crore and PAT at Rs 7.9 crore. Investors should monitor whether the company can maintain this momentum to offset the broader year-on-year slowdown.
What to track next
Watch for the performance of the enterprise segment in the upcoming quarters, as management eyes this as a resilient base for future growth. The impact of the new credit control measures on long-term revenue growth will be the primary metric to follow.