NetSol Technologies Reports Strong FY2026 Performance as Profit Jumps 70%

NetSol Technologies Limited has delivered a strong financial performance for the year ended June 30, 2026, with the company reporting significant growth in revenue and profitability. The results highlight continued improvement in the technology company’s business performance and earnings during the year.

According to the company’s consolidated financial statements, revenue from contracts with customers increased to Rs12.51 billion in FY2026 from Rs9.91 billion in the previous year. This represents growth of roughly 26%, providing a solid foundation for the improvement in overall profitability. 283687

Profit rises sharply

Net profit for the year climbed to Rs2.35 billion, compared with Rs1.39 billion in FY2025. The increase translates into profit growth of approximately 70%, showing a substantial improvement in the company’s bottom line.

The company’s consolidated basic earnings per share (EPS) also increased considerably, reaching Rs27.25, compared with Rs15.97 a year earlier. Diluted EPS improved to Rs27.01 from Rs15.74. 283687

Operating performance also strengthened. Consolidated gross profit rose to approximately Rs6.16 billion, up from Rs4.35 billion in FY2025, while operating profit increased to around Rs2.83 billion from Rs1.75 billion.

Balance sheet remains stronger

NetSol’s consolidated financial position also showed growth during the year. Total assets increased to approximately Rs18.52 billion as of June 30, 2026, compared with Rs14.36 billion a year earlier.

Shareholders’ equity rose to approximately Rs13.27 billion, compared with Rs10.83 billion in FY2025. Cash and bank balances also increased substantially, reaching about Rs5.69 billion at the end of the financial year. 283687

The stronger balance sheet provides the company with additional financial capacity as it continues to operate and invest in its business.

Cash generation improves

Cash flow performance was another positive feature of the year’s results. Net cash generated from operating activities reached approximately Rs2.74 billion, compared with an outflow of around Rs1.08 billion in the previous year.

The company ended the year with cash and cash equivalents of approximately Rs5.69 billion, compared with Rs3.77 billion at June 30, 2025. 283687

Shareholders to receive cash dividend

Alongside the financial results, the board recommended a final cash dividend of Rs1.50 per share, equivalent to 15%. The company stated that no interim dividend had been paid during the year. 283687

The company has not recommended any bonus shares or right shares, while the filing also states that there was no other price-sensitive information to report. 283687

AGM scheduled for October 28

NetSol Technologies has scheduled its Annual General Meeting for October 28, 2026, at 11:00 a.m. in Lahore. The share transfer books will remain closed from October 22 to October 28, 2026, both days inclusive. Shareholders whose names appear in the register of members on October 21 will be entitled to the announced dividend. 283687

Overall, NetSol Technologies’ FY2026 results present a positive picture, with double-digit revenue growth, a sharp increase in profitability, stronger earnings per share and improved operating cash generation. The combination of improved financial performance and the proposed cash dividend gives shareholders additional reasons to closely follow the company’s outlook for the coming year.