Protean eGov Technologies Price Movement Clarification
Protean eGov Technologies Limited clarified to BSE that recent share price movements are due to market conditions, with no undisclosed material information.
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Protean eGov Technologies Limited clarified to BSE that recent share price movements are due to market conditions, with no undisclosed material information.
Protean eGov Technologies held its 31st Annual General Meeting on September 22, 2026, where shareholders considered resolutions including financial statement adoption and dividend declaration.
Protean eGov Technologies Limited has allotted 1,57,971 equity shares to eligible employees upon exercise of stock options under the ESOP 2017 scheme.
Revenue grew 19% YoY, but margins crashed due to ₹18Cr upfront implementation costs and geopolitical cost inflation. Management is pivoting from volume to high-margin solutions to fix profitability.
Protean eGov reported Q1FY27 revenue of ₹251 Cr, up 19% YoY. Profitability was pressured by upfront investments of ~₹18 Cr in new mandates, leading to a 75% YoY PAT decline.
Protean eGov Technologies Ltd reported revenue from operations of ₹251 Cr (+19.1% YoY) and net profit of ₹5.9 Cr (-75.3% YoY) for Q1 FY27.