Protean eGov Technologies shares fell over 6% despite reporting a 19% year-on-year rise in Q1 FY27 revenue to Rs 251 crore. Profit slumped 75% due to upfront deployment costs and higher procurement expenses, while management highlighted strong growth in new initiatives and a robust, debt-free balance sheet.
Protean eGov Technologies shares fell over 6% despite reporting a 19% year-on-year rise in Q1 FY27 revenue to Rs 251 crore. Profit slumped 75% due to upfront deployment costs and higher procurement expenses, while management highlighted strong growth in new initiatives and a robust, debt-free balance sheet.
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