Mumbai, Jan. 31 -- On a consolidated basis, Protean eGov Technologies's net profit slipped 18.22% to Rs 22.93 crore in Q3 FY25 as against Rs 28.04 crore in Q2 FY25. Revenue from operations fell 7.91% to Rs 202.31 crore in Q3 FY25 over Q2 FY25. PBT declined 24.08% to Rs 28.52 crore in Q3 FY25 over Q2 FY25.

On a year-on-year basis, the company's consolidated net profit rose 4% while revenue from operations shed 1% in Q3 FY25. PBT climbed 47.39% YoY.

Adjusted operating profit for the quarter stood at Rs 21 crore with an operating margin of 10.3%.

Revenue from tax services grew by 3% YoY, primarily driven by an increase in market share, which rose from 52.1% in Q3 FY24 to 59.2% in Q3 FY25, demonstrating Protean's strength in the PAN busine...