Quick Heal Q1 FY27 Revenue Falls 21% Ahead of Q2

Q1 results set the immediate context

Quick Heal Technologies Ltd reported a weaker first quarter of FY27, with revenue declining from the corresponding quarter a year earlier and operating losses widening. The cybersecurity software company reported total revenue of ₹44.99 crore for the June 2026 quarter, compared with ₹57.23 crore in June 2025. This represented a year-on-year decline of 21.39%. Revenue was also down 7.7% sequentially from ₹48.77 crore in the March 2026 quarter. The company is scheduled to announce its Q2 and half-year FY27 unaudited results on October 27, 2026. Its earnings call is scheduled for October 28 at 4:00 pm IST.

Revenue declines to ₹44.99 crore

The June-quarter revenue was the lowest figure in the five-quarter series provided. Revenue had stood at ₹83.52 crore in September 2025 and ₹71.54 crore in December 2025 before falling to ₹48.77 crore in March 2026. The decline in the latest quarter came despite a comparatively lower revenue base in the previous year. The Q1 FY27 highlights placed net revenue at ₹45.0 crore, consistent with the detailed quarterly figure of ₹44.99 crore. The data points to a sharp slowdown in sales after the September 2025 quarter. The forthcoming result will provide the next disclosed update on whether this trend continued in the September 2026 quarter.

Operating loss widens from last year

Operating expenses were ₹62.40 crore in June 2026, exceeding quarterly revenue. Operating profit was reported at a loss of ₹17.41 crore in the detailed income statement. A separate consolidated snapshot put operating profit, or PBDIT excluding other income, at a loss of ₹17.57 crore. The Q1 highlights similarly reported EBITDA of negative ₹17.6 crore. For comparison, operating profit was a loss of ₹9.67 crore in June 2025. The reported quarterly operating profit margin was negative 10.35%, while another quarterly summary showed a negative margin based on a different presentation of operating profit.

Net loss narrows compared with June 2025

The detailed quarterly income statement reported a net loss of ₹5.10 crore for June 2026, against a loss of ₹5.45 crore a year earlier. The Q1 highlights listed PAT at negative ₹5.3 crore, and the earnings release described a net loss of ₹52.8 million. These figures all indicate that the company remained loss-making during the quarter, though the loss was lower than the year-earlier period on the reported earnings-release basis. Loss per share was ₹0.94, compared with a loss per share of ₹0.99 in Q1 FY26. Depreciation rose to ₹3.85 crore from ₹2.96 crore, while interest expense was nil.

Key quarterly figures

FY26 figures show pressure over the full year

For the year ended March 2026, the consolidated results snapshot showed net sales of ₹261.02 crore, down 6.62% from ₹279.53 crore in the prior year. Operating profit, measured as PBDIT excluding other income in that snapshot, was a loss of ₹29.37 crore, compared with a loss of ₹6.59 crore in FY25. The annual numbers show that the operating pressure seen in Q1 FY27 followed a weaker FY26. The company had reported positive operating profit in September and December 2025, but losses returned in the March and June 2026 quarters. This makes cost management and revenue progression relevant items for investors tracking the next disclosure.

Q2 board meeting and investor call

Quick Heal informed exchanges that its board meeting would be held on October 27, 2026 to consider and approve unaudited financial results for Q2 and the half year ended FY27. The company also announced an earnings call for Q2 and H1 FY27 on October 28. Management representation for the call is expected from Dr Sanjay Katkar, Harish Kumar and Ankit Maheshwari, according to the investor-meet intimation. The results and call can provide management commentary on quarterly demand, expenses and financial performance. No outcome from the board meeting was included in the available information.

What the numbers mean for investors

The reported data shows pressure on both revenue and operating profitability. Q1 revenue fell by more than one-fifth year on year, while the operating loss was larger than the loss reported for June 2025. At the same time, the reported net loss and loss per share improved modestly from the corresponding quarter. The difference between operating and net-profit trends reflects the different line items used in each measure, including tax and other financial items. Investors will likely compare the upcoming Q2 revenue, operating expenses and profitability with the June-quarter figures and the September 2025 revenue base of ₹83.52 crore.

Earnings trend remains the main focus

Quick Heal’s Q1 FY27 result recorded revenue of ₹44.99 crore, an operating loss of about ₹17.6 crore and a reported net loss of roughly ₹5.3 crore. The quarter followed a FY26 period in which annual sales declined and the operating loss increased. The next confirmed event is the October 27, 2026 board meeting for Q2 and half-year results, followed by the October 28 earnings call. Those disclosures will offer the next official update on the company’s financial performance and operating trends.