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NetSol Technologies — Q1 2026-27 Earnings Summary

  • Financial Performance:

    • Net revenues increased 17% year-over-year to PKR 2,620 million for the quarter ended September 30, 2026, compared to PKR 2,244 million in the corresponding quarter of the prior fiscal year.
    • Gross profit rose to PKR 1,324 million, an increase of approximately 72% from PKR 772 million in the prior year period.
    • Net profit after tax surged to PKR 508 million, up from PKR 50 million in the comparable period.
    • Earnings per diluted share (EPS) increased to PKR 5.82, compared to PKR 0.57 in the same quarter of fiscal 2026.
    • License revenue contributed PKR 128 million from existing customers.
    • Services revenue reached PKR 1,245 million, up from PKR 826 million in the prior year, driven by system enhancements and customizations at customer sites.
  • Business Segments and Product Lines:

    • The services segment demonstrated significant growth due to enhanced and customized systems deployed at customer sites.
    • License revenue generation continued through provisions to existing customers.
  • Other Key Points:

    • The results reported are for NetSol Technologies Limited Pakistan ("NetSol PK"), a majority-owned subsidiary of NetSol Technologies, Inc.
    • The reporting period covers the quarter ended September 30, 2026.
Company
NETSOL TECHNOLOGIES INC
Sector
Technology
Industry
Software - Application