Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactPendency of Litigation(s)/dispute(s) or the outcome impacting the Company.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
RevisedEarlierQ2 FY26
I'm glad to share that Protean has delivered a resilient performance in Q2FY26, with 19% QoQ and 14% YoY growth in revenue.
NowQ2 FY26
The new businesses have contributed 12% of total revenue in H1FY26 as compared to 4% in FY25.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement highlights a 19% QoQ and 14% YoY growth in revenue, while the current statement indicates a significant change in the contribution of new businesses to total revenue, suggesting a material shift in revenue dynamics.confidence 90%
Watch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- I think once the ASK project is fully operational, we would have more revenue, with which the run rate can go (management committed by H1 FY27)
- With the ASK revenue comes into play after a couple of quarters on a full-scale basis, we will have addition o (management committed by H1 FY27)
Evidence
- Protean eGov Technologies Limited has informed the Exchange about update on Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%