On August 4, 2026, Protean eGov Technologies Limited released its unaudited consolidated financial results for the quarter ending June 30, 2026, as per the exchange filings.
The company reported a total income of ₹266.36 crore, marking an 11.3% increase compared to the same period last year. However, the net profit for the quarter saw a decline of 75.4% year-on-year, amounting to ₹5.86 crore.
In the June 2026 quarter, Protean eGov Technologies Limited recorded a total income of ₹266.36 crore. This represents an 11.3% rise from ₹239.36 crore in the corresponding quarter of the previous year.
Despite this increase in income, the company experienced a significant drop in net profit, which fell to ₹5.86 crore, down 75.4% from ₹23.85 crore a year ago.
The quarter-on-quarter comparison shows a decrease in total income by 17.5% from ₹322.85 crore in the March 2026 quarter.
Similarly, the net profit decreased by 80.7% from ₹30.38 crore in the previous quarter.
For the financial year 2026, Protean eGov Technologies Limited reported a total income of ₹1,070.60 crore. The net profit for the year stood at ₹100.59 crore. These figures provide a comprehensive view of the company's financial performance over the year.
The company’s quarterly EBITDA stood at ₹28 crore, down 38% year-on-year with a compressed margin of 10%. Profitability was temporarily affected by ₹18 crore in upfront deployment costs for multiple RFP-led strategic mandates.
Geopolitical tensions also heightened input procurement costs for necessary technical hardware and white goods.
Despite industry-wide headwinds, the Tax Services division expanded its dominant market share by 275 basis points to reach 62% in Q1 FY27.
The company successfully processed and issued over 1 crore PAN cards during the quarter. Volumes normalized quickly by June after regulatory documentation revisions temporarily impacted April and May trends.
The CRA segment added 3.9 million new subscribers, capturing 95% of incremental additions and holding a 97% market share across NPS, APY, and UPS.
Identity Services revenue rose 16% year-on-year, propelled by a 20% combined transaction volume spike across all digital ID facets and widespread enterprise adoption of eSignPro.
A major corporate milestone was achieved as new initiatives contributed 17% of total quarterly revenue, rising sharply from 10% in FY26. The company advanced positions in emerging digital platforms like Agristack and Bima Sugam.
Additionally, Protean operationalized 102 Aadhaar Seva Kendras across 25 States and Union Territories to deliver recurring revenues.
Read More: Symphony Share Price in Focus After Q1 FY27 Earnings Results: Total Income Up 5.1% YoY!
As of August 05, 2026, at 10:44 AM, Protean eGov Technologies share price on NSE was trading at ₹583.95, down by 6.05% from the previous closing price.
Protean eGov Technologies Limited's financial results for the June 2026 quarter show an 11.3% year-on-year increase in total income to ₹266.36 crore, while net profit decreased by 75.4% to ₹5.86 crore. The financial year 2026 saw a total income of ₹1,070.60 crore and a net profit of ₹100.59 crore.
Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 5, 2026, 11:36 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
