Protean eGov Technologies Ltd share price inched up 2.18% to Rs 630.1. The Company's net profit tanked by 80.71% to Rs 5.86 crore, while revenue from operations reduced 18.40% to Rs 250.96 crore in Q2FY26 over Q1FY26. The market capitalization of IT Enabled Services industry group stocks on BSE stood at Rs 2.48 lakh crore, easing 3.79%. It has marginally improved by 2.21% over last one week and moving up by 10.85% in last one month while the market capitalization of Protean eGov Technologies Ltd has improved by 0.90% and 11.10% in the same period respectively. Profit before tax (PBT) of Protean eGov Technologies Ltd stood at Rs 7.64 crore in Q2 FY26, tanking 76.40% year-on-year, and crashing by 79.02% quarter-on-quarter. EBITDA came in at Rs 3 crore, plunging by 75.39% YoY and nosediving by 113.14% sequentially. Total expenses marginally dropped 9.71% to Rs 256.07 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 69.05 crore, soaring 18.09% YoY. For the TTM ended FY26, revenue from operations eased 4.69% to Rs 840.7 crore, while net profit slipped by 4.96% to Rs 92.46 crore, compared to previous TTM. EBITDA soared by 2121% to Rs 12.23 crore, and PBT softened 7.38% to Rs 118.43 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 192.71 crore in FY26, as against Rs 57.54 crore in FY25. Protean eGov Technologies Ltd plunged by 18.12% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.94% during the same period.
