Protean eGov Technologies saw its shares rise over 3% after the company posted a healthy set of numbers for the first quarter of FY26.
For the quarter ended June 2025, the company reported a net profit of ₹23.85 crore, marking a 13.09% rise compared to ₹21.09 crore in the same quarter last year. Revenue also grew by 7.28% year-on-year to ₹210.84 crore, up from ₹196.54 crore in Q1 FY25.
Operating performance remained steady with operating profit margins (OPM) at 7.78%, slightly up from 7.69% a year ago.
In terms of profitability before taxes, PBDT (Profit Before Depreciation and Tax) rose 28% to ₹43.41 crore, while PBT (Profit Before Tax) was up 19% at ₹32.37 crore.
Protean eGov shares traded in a narrow range today, touching a low of ₹761.25 and a high of ₹786.20. The stock opened at ₹764.25, slightly above its previous close of ₹759.70. It remains close to its 52-week low of ₹752.50, while the 52-week high stands much higher at ₹1,535.00.
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