TAC InfoSec Reports Major Profit Surge Amid Global Expansion

Cybersecurity firm TAC InfoSec reported a significant net profit rise of 94.45% to Rs 2.32 crore in Q1 FY25 due to an expanding customer base and global market presence. The company, listed on NSE Emerge, achieved total revenue of Rs 5.14 crore, almost doubling from last year.

Cybersecurity vulnerability management firm TAC InfoSec reported a 94.45% rise in net profit to Rs 2.32 crore for the June 2024 quarter, driven by an increased customer base and global market expansion.

For the April-June quarter of FY 2024-25, the company posted total revenue of Rs 5.14 crore, representing a near 94% year-on-year increase. TAC InfoSec grew its clientele to 590, expanding to 55 countries from just 22 the previous quarter, as per its stock exchange filing.

High-profile global brands like Salesforce, AutoDesk, Nissan Motors, and Xerox subscribed to TAC Security products, joining existing clients such as Reliance ADA Group and an American Fortune 10 company. This suggests robust confidence in TAC's cybersecurity solutions. Founder and CEO Trishneet Arora highlighted the firm's trajectory towards becoming the world's largest vulnerability management company.

(With inputs from agencies.)