Protean eGov Technologies posted 19% YoY Q1 FY27 consolidated revenue growth to Rs 251 crore but net profit declined 75% to Rs 6 crore and EBITDA fell 38% to Rs 28 crore (10% margin) due to Rs 18 crore upfront investments and cost escalations; normalized EBITDA Rs 46 crore (17.2%). Segments showed Tax Services at Rs 100 crore, CRA up 7% to Rs 82 crore, Identity up 16% to Rs 27 crore, New Initiatives up 276% to Rs 42 crore. Strong operations with 62% PAN share, 97% CRA share, 3.9M new subscribers; zero debt, Rs 800cr cash; new MD & CEO appointed.