Mumbai, INDIA – August 13, 2024: TAC InfoSec Limited (NSE: TAC), India’s first publicly listed cybersecurity company, has announced impressive financial results for Q1 FY25. The company reported a 93.81% increase in total revenue, reaching INR 51.4 million, and a 94.45% rise in Profit After Tax (PAT) to INR 23.22 million.
Key Highlights:
- Revenue: INR 51.4 million, up by 93.81% QoQ.
- Profit After Tax (PAT): INR 23.22 million, with a profit margin of 47.74%.
- Earnings Per Share (EPS): 2.22 INR per share.
TAC Security has expanded its global presence to 55 countries and added 590 clients in Q1 FY25, reflecting a 1744% increase from the previous year. Notable new clients include Salesforce, AutoDesk, Nissan Motors, and Xerox.
Trishneet Arora, Founder and CEO, stated, “Our Q1 performance underscores our commitment to innovation and global expansion. We are on the path to becoming the world’s largest vulnerability management firm.”
Earlier this year, TAC Security’s oversubscribed $1 Billion IPO highlighted its strong market position. The company continues to build a robust pipeline of clients, positioning itself for sustained growth.