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Leadership Unplugged—Quick Heal’s CEO Bows Out, Investors Hit Refresh


Updated: July 10, 2025 11:59

Image Source: Dr Vijay Malik
Quick Heal Technologies saw a marginal share decline on July 10 after CEO and senior managerial staff Vishal Salvi resigned, effective August 31, 2025. Salvi's resignation was confirmed by the cyber security company in a filing with the regulator, citing the reason that he wants to pursue other career opportunities.
 
Key points:
  • The shares declined 1.28% to ₹382.65 on BSE and almost 2% to ₹381.00 on NSE in initial trade
  • Salvi's resignation is coming at a trying time for Quick Heal, which recorded a Q4 FY25 net loss of ₹3.25 crore versus a ₹14.04 crore profit a year ago in Q4 FY24
  • Revenue from operations declined 18.6% yearoveryear to ₹65.14 crore in the March quarter
  • The firm clarified that Salvi's resignation is not on governance or operating matters
  • Market cap is ₹20.59 billion with a P/E ratio of 419.56
Strategic context:
  • Salvi, former CISO at Infosys, onboarded Quick Heal in 2023 and was instrumental in developing its enterprise cybersecurity strategy
  • His departure follows Quick Heal as it weathers a competitive market and seeks to turn around performance
  • Succession process for CEO will be announced soon by the Board
  • Investors are holding out for leadership direction and strategic changes to restimulate growth
Despite the shift of leadership, Quick Heal refocused on innovation and business continuity in the domestic and international markets.
 
Sources: Business Standard, Business Upturn, SSPL Securities, PTI, NSE Filings, Quick Heal Technologies Regulatory Disclosures

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