Protean eGov Technologies Limited has submitted to the Exchange, the Outcome of Board Meeting held on August 6, 2025
PROTEAN · price
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Protean eGov Technologies reported its Q1 FY26 (quarter ended June 30, 2025) standalone results, with revenue from operations at ₹209.98 Cr vs ₹196.19 Cr in Q1 FY25 (~7% growth). Total income stood at ₹238.59 Cr, and profit after tax was ₹26.50 Cr vs ₹21.71 Cr in the same quarter last year (~22% growth), helped by a ₹5.76 Cr write-back of employee benefit provisions included in other income. Profit before tax grew ~26% to ₹35.02 Cr. On a consolidated basis, revenue was ₹210.84 Cr and PAT was ₹23.85 Cr, with four subsidiaries (not material) contributing a loss of ₹2.63 Cr. The Board also approved an additional equity infusion of up to ₹19 Cr into its wholly-owned Dubai-based subsidiary Protean International DMCC to fund international business expansion.
The results show steady revenue growth and meaningful bottom-line improvement, though the PAT boost was partly aided by a one-time provision write-back. The ₹19 Cr investment signals the company's intent to expand internationally through its Dubai arm, which is a related-party transaction done at arm's length. Overall, a stable quarter with modest growth and a strategic capital allocation move.