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Quick Heal Technologies Limited updates on service tax demand

Quick Heal Technologies Limited updates on service tax demand Posted On: 2021-02-04 01:37:38 (Time Zone: Arizona, USA) Quick Heal Technologies Limited had earlier announced regarding the Hon ble Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) vide its judgment (Order No. 50022/2020) dated January 09, 2020 received by the Company on January 17, 2020 in the case of Quick Heal Technologies Limited Vs Commissioner of Service Tax, Delhi (Service Tax Appeal No. 51175 of 2016) has set aside the Service Tax demand for INR 56,07,05,595/- which was confirmed by order dated 28 January, 2016 issued to Quick Heal Technologies Limited by DGCEI, New Delhi. The Hon ble Supreme Court of India in the said matter, had passed the order Issue notice for condonation of delay as well as on the Civil Appeal, returnable within four weeks received by the Company on February 03, 2021 which is scheduled for hearing on February 05, 2021.

Quick Heal Technologies Ltd reports Rs 13 46 crore consolidated PAT in Q3 FY2020-21

Quick Heal Technologies Ltd reports Rs. 13.46 crore consolidated PAT in Q3 FY2020-21 Posted On: Quick Heal Technologies Ltd has reported financial results for the period ended December 31, 2020. Financial Results (Q3 FY20-21) - QoQ Comparison The company has reported total income of Rs.76.16 crores during the period ended December 31, 2020 as compared to Rs.90.23 crores during the period ended September 30, 2020. The company has posted net profit / (loss) of Rs.13.46 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.28.83 crores for the period ended September 30, 2020. The company has reported EPS of Rs.2.09 for the period ended December 31, 2020 as compared to Rs.4.49 for the period ended September 30, 2020.

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