India's Protean eGov soars 20% on higher Q4 profit, revenue

Protean eGov Technologies

21/05/2026 06:21

** Protean eGov Technologies PROO.NS hits exchange-allowed maximum of 20% to three-month high of 654.2 rupees

** Digital public infrastructure company's adjusted quarterly profit jumps 53%, while revenue rises 38%

** "The growth was largely led by tax services segment ahead of the regulatory changes in PAN documentation norms and storage charge," per ICICI Securities

** Highlights strong growth in new business segment, which contributed to over 10% of revenue in FY26 compared to 4% in FY25

** More than 2.3 million shares change hands, ~7x of 30-day average daily volume

** YTD, PROO down 13.4%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))