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