NETSOL Technologies Limited has reported a remarkable financial performance for the nine months and quarter ended March 31, 2026, driven by strong demand for its AI-enabled Transcend platform and significant growth in software licensing revenues. The company delivered substantial increases in revenue, profitability, and earnings per share, reinforcing its position as a leading provider of technology solutions for the global automotive finance and leasing industry.
During the third quarter ended March 31, 2026, NETSOL recorded net revenue of PKR 3.25 billion, representing a 42% increase compared to PKR 2.29 billion in the corresponding quarter of the previous year. Gross profit surged to PKR 1.93 billion from PKR 858 million, while net profit rose sharply to PKR 1.13 billion compared to PKR 177 million a year earlier. Earnings per share increased to PKR 13.01 from PKR 2.06 during the same period last year.
For the nine-month period, the company generated revenue of PKR 7.88 billion, up from PKR 6.44 billion in the corresponding period of FY2025. Gross profit reached PKR 3.61 billion, while net profit climbed to PKR 1.39 billion, nearly four times higher than the PKR 347 million reported a year earlier. Earnings per share improved significantly to PKR 16.18 compared to PKR 3.98 in the previous year.
The strong performance was supported by several major business milestones. NETSOL successfully deployed its Transcend Finance platform for Northridge Finance, a division of Bank of Ireland UK, enhancing the client’s wholesale finance operations. The company also completed the implementation of a more than $10 million Transcend Finance contract for a tier-one U.S.-based automotive captive finance company in China, marking another significant achievement in its global expansion strategy.
On a consolidated basis, NETSOL reported quarterly revenue of PKR 3.57 billion and net profit of PKR 950 million, compared with revenue of PKR 2.40 billion and profit of PKR 215 million in the corresponding period last year. Consolidated earnings per share rose to PKR 10.98 from PKR 2.50.
Looking ahead, the company remains optimistic about future growth prospects. Management highlighted ongoing enhancements to its Transcend Platform, growing adoption of Transcend Retail among U.S. dealerships, and increasing demand for AI-enabled solutions across financial services and automotive retail sectors. NETSOL also emphasized its expanding global pipeline, strengthened digital marketing capabilities, and focus on emerging trends such as electric vehicles, subscription models, fleet solutions, and embedded finance.
The Board of Directors expressed appreciation to shareholders, customers, financial institutions, and employees for their continued support, noting that the company remains well-positioned to capitalize on global digital transformation opportunities and deliver sustainable long-term growth.
