Key Financial Results (Standalone)

Quarter ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹250.45 crore
  • Other income: ₹15.62 crore
  • Total Income: ₹266.07 crore
  • Total Expenses: ₹258.31 crore
  • Processing charges: ₹78.34 crore
  • Employee benefits expense: ₹67.81 crore
  • System implementation, support and maintenance: ₹67.38 crore
  • Finance costs: ₹2.65 crore
  • Depreciation and amortization: ₹17.32 crore
  • Allowance for expected credit loss: ₹0.23 crore
  • Other expenses: ₹24.58 crore
  • Profit before exceptional items and tax: ₹7.76 crore
  • Profit before tax: ₹7.76 crore
  • Tax expense: ₹1.78 crore
  • Current tax: ₹1.85 crore
  • Deferred tax: (₹0.07) crore
  • Profit for the period: ₹5.98 crore
  • Earnings per share (Basic): ₹1.47
  • Earnings per share (Diluted): ₹1.46
  • Paid up equity share capital: ₹40.62 crore (face value ₹10 each)

Comparative Figures:

  • Q1 FY26 (June 30, 2025) Net Profit: ₹26.50 crore
  • Q4 FY26 (March 31, 2026) Net Profit: ₹19.96 crore
  • Full Year FY26 Net Profit: ₹94.32 crore

Key Financial Results (Consolidated)

Quarter ended June 30, 2026 (Unaudited):

  • Total Income: ₹266.36 crore
  • Total Expenses: ₹258.72 crore
  • Profit before tax: ₹7.64 crore
  • Tax expense: ₹1.78 crore
  • Profit for the period: ₹5.86 crore
  • Earnings per share (Basic): ₹1.44
  • Earnings per share (Diluted): ₹1.43
  • Total comprehensive income: ₹5.51 crore

Corporate Action - Auditor Appointment

The Board approved the appointment of M/s. T R Chadha & Co LLP (TRC) as Statutory Auditors for a period of five years commencing from FY2026-27.

Details of Auditor Appointment:

  • Firm Registration No.: 006711N/N500028
  • Date of appointment: August 4, 2026
  • Term: Five consecutive years from conclusion of 31st AGM (2026) till conclusion of 36th AGM (2031)
  • Remuneration: To be determined by Board in consultation with auditors, subject to shareholder approval
  • Current auditors M/s. BSR & Associates LLP will continue until conclusion of 31st AGM in 2026

Profile of New Auditor:

  • 80 years old chartered accountancy firm established in 1946
  • 11 offices in India and overseas presence in Abu Dhabi
  • Certified with ICAI's Peer Review & AQMM Maturity Level 4
  • Registered with Public Company Accounting Oversight Board - U.S.
  • Services include Audit & Assurance, Advisory, Governance & Risk Services, Taxation & Regulatory Services

ESOP Allotment

During the quarter ended June 30, 2026, the Company allotted 4,463 equity shares upon exercise of stock options granted under the Protean eGov Technologies Limited Employee Stock Option Plan - 2017. No new stock options were granted during the quarter.

Business Segment Information

The Company is mainly engaged in providing IT services including citizen services, e-governance solutions, system integration, business process re-engineering, data center co-location and IT consulting services for citizens, corporates and the Government. All activities comprise a single business segment operating primarily in India.

Subsidiaries Included in Consolidation

The consolidated results include:

1. Protean International DMCC (Wholly owned subsidiary)

2. Protean eGov Technologies Australia Pty Ltd (Wholly owned subsidiary)

3. Protean Account Aggregator Limited (Wholly owned subsidiary)

4. Protean Infosec Services Limited (Wholly owned subsidiary)

Meeting Details

The Board Meeting commenced at 1:30 PM and concluded at 3:45 PM on August 4, 2026.

Additional Information

The figures for the quarter ended March 31, 2026 are balancing figures between audited full-year figures and previously published nine-month figures. System implementation, support and maintenance costs include equipment and software licenses for delivering project services.

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