IT Consulting & Software company Protean eGov Technologies announced Q2FY26 results Protean delivered consolidated revenue from operations of Rs 251 crore for Q2FY26, growing by 19% QoQ and 14% YoY led by continued momentum in CRA Services and New Businesses. EBITDA stood at Rs 44 crore in Q2FY26 vs Rs 45 crore in Q2FY25 with an EBITDA margin of 16.6%. PAT stood at Rs 24 crore with PAT Margin of 9.0% in Q2FY26. The Balance sheet continues to remain strong with more than Rs 800 crore of cash equivalents & marketable securities and zero debt as on 30th September’25. Suresh Sethi, Managing Director & Chief Executive Officer, said: "I'm glad to share that Protean has delivered a resilient performance in Q2FY26, with 19% QoQ and 14% YoY growth in revenue. Our strategy to expand to sectors including and beyond BFSI, aligned with our core strength of building digital public infrastructure for the nation, has started yielding results with new businesses contributing 12% to our revenue. With a strong order book and a robust balance sheet, we're well-positioned to capitalize on emerging opportunities. The company secured a landmark Rs 1,370 crore mandate from UIDAI to establish and operate 188 District-Level Aadhaar Seva Kendras (ASKs) — a strong testament to Protean’s proven capability in executing population-scale projects. With this mandate, Protean becomes the only organisation to manage and scale both Aadhaar and PAN —two foundational IDs that anchor our digital nation. This milestone goes beyond a business achievement; it underscores Protean’s commitment to advancing India’s digital transformation and improving the lives of millions through efficient, secure, and accessible Aadhaar services across the country. With a continued focus on innovation, financial inclusion and digitalisation, we're excited about the future and look forward to continuing to make a meaningful impact in the digital public infrastructure space while delivering long term value to all our stakeholders." Result PDF