Protean eGov Technologies Announces Quarterly Results and Appoints New Statutory Auditor

Protean eGov Technologies Announces Quarterly Results and Appoints New Statutory Auditor

Protean eGov Technologies Announces Quarterly Results and Appoints New Statutory Auditor​

Protean eGov Technologies Limited announced its unaudited financial results and approved the appointment of a new statutory auditor following a Board meeting held on August 4, 2026. The company reported its performance for the quarter ended June 30, 2026.

The Board of Directors reviewed and approved both the standalone and consolidated unaudited financial results as well as received the Limited Review Report from the Statutory Auditors regarding these results.

Q4 Financial Performance Summary (June 30, 2026)​

The company remains engaged in the IT services industry, providing a range of services including citizen services, e-governance solutions, system integration, and data center co-location for citizens, corporates, and the Government.

Key financial metrics for the quarter ended June 30, 2026, across both standalone and consolidated segments are detailed below:

MetricStandalone (Cr)Consolidated (Cr)
Total Income266.07266.36
Profit before tax7.767.64
Profit after tax attributable to owners of the Company5.985.86

Auditor Appointment and Corporate Governance​

At the Board meeting, the company also approved the appointment of M/s T R Chadha & Co. LLP (TRC) as the Statutory Auditor for a period of five consecutive years, commencing from the financial year 2026-27.

The details provided by BSR & Associates LLP, who conducted the limited review on both the standalone and consolidated results, confirmed that the statements had been prepared in accordance with Indian Accounting Standard 34 (Ind AS 34).

M/s BSR & Associates LLP is set to continue as the Statutory Auditor until the conclusion of the 31st Annual General Meeting (AGM) to be held in the year 2026.

Key Operational Updates​

During the quarter ended June 30, 2026, the Group reported that it granted Nil new stock options to eligible employees under the Protean eGov Technologies Limited Employee Stock Option Plan-2017. Additionally, the company allotted 4,463 equity shares upon the exercise of stock options granted under the same employee plan.

The results and accompanying reports were approved by the Board of Directors on August 4, 2026.

PROTEAN Stock Price Movement​

Today, Protean eGov Technologies Limited shed value after markets closed, settling down 1.56% to finalize trading at ₹621.55. The stock recorded a traded volume of 430,454 shares during the session.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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