Protean eGov Technologies Limited has informed the Exchange regarding 'Resubmission of Financials in Machine Readable Form.Kindly note that there has been no revision in the content and figures of the financial results as previously submitted pursuant to the outcome of the Board Meeting held on May 21, 2025.'.
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Awaiting price reaction for this filing.
Protean eGov Technologies has resubmitted its audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, in a machine-readable format at the exchange's request. The company clarified that there has been no revision to the figures originally approved by the Board on May 21, 2025. Standalone revenue from operations stood at ₹839.53 crore (FY25) versus ₹880.81 crore (FY24), with profit after tax at ₹94.21 crore versus ₹100.35 crore, and basic EPS of ₹23.26 versus ₹24.82. The Board also recommended a final dividend of ₹10 per share, subject to shareholder approval, and approved a scheme of arrangement to demerge the Governance, Risk & Compliance and Managed SOC Services business of its wholly-owned subsidiary Protean Infosec Services Limited into the company, effective April 1, 2025. The auditor B S R & Associates LLP issued an unqualified opinion on both standalone and consolidated results.
This is a procedural resubmission with no change in numbers, so it should be largely neutral for the stock. The unchanged financials confirm a modest year-on-year decline in revenue and profit, while the ₹10 dividend and the in-house consolidation of the infosec business could be mildly positive signals for shareholders.