Quarterly ResultMay 6, 2026, 06:16 AM
NetSol Technologies Ltd. Q3 Net Profit PKR 1,127M, Revenue +42%
AI Summary
NetSol Technologies, Inc.'s Pakistani subsidiary, NetSol Technologies, Ltd., announced strong financial results for the second quarter ended March 31, 2026. The subsidiary posted net revenues of PKR 3,247 million, a 42% increase year-over-year, and its gross profit surged by 125% to PKR 1,932 million. Net profit significantly rose to PKR 1,127 million, resulting in a diluted EPS of PKR 12.94. The company noted that these results are for the subsidiary only and are not representative of NetSol Technologies, Inc. on a consolidated basis.
Key Highlights
- NetSol Technologies Ltd. reported Q3 net revenues of PKR 3,247 million, up 42% year-over-year.
- The subsidiary's gross profit increased 125% to PKR 1,932 million for the quarter.
- Net profit for NetSol Technologies Ltd. reached PKR 1,127 million, significantly up from PKR 177 million.
- Diluted EPS for the subsidiary was PKR 12.94, compared to PKR 2.03 in the prior year.
- Revenue growth was driven by increased subscription and support revenue, and a one-time license fee.
Price Impact
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