NetSol Technologies Reports Strong Profit Growth in First Quarter FY2026-27

NetSol Technologies Limited has reported a significant increase in profitability for the quarter ended September 30, 2026, posting a substantial rise in net profit and earnings per share compared with the corresponding period last year.

According to the company’s financial statements submitted to the Pakistan Stock Exchange (PSX), NetSol Technologies recorded consolidated revenue of Rs2.713 billion during the quarter, compared with Rs2.542 billion in the same period last year.

The company’s gross profit increased to Rs1.364 billion from Rs977.774 million, reflecting improved profitability during the reporting period.

Operating profit also witnessed notable growth, reaching Rs480.551 million against Rs222.389 million in the corresponding quarter of the previous year.

NetSol’s consolidated net profit surged to Rs326.635 million for the quarter ended September 30, 2026, compared with Rs74.734 million recorded in the same period last year. This represents an increase of more than three times year-on-year.

The company’s earnings per share (EPS) also improved considerably. Basic EPS increased to Rs3.77 from Rs0.88, while diluted EPS rose to Rs3.74 compared with Rs0.86 in the corresponding period.

On a standalone basis, NetSol Technologies reported revenue of Rs2.620 billion, compared with Rs2.244 billion in the previous year’s corresponding quarter. Net profit increased to Rs507.790 million from Rs49.753 million, while basic EPS climbed to Rs5.86 from Rs0.58.

The company’s financial position showed total consolidated assets of approximately Rs17.84 billion as of September 30, 2026, compared with Rs18.55 billion at June 30, 2026.

Alongside the financial results, the Board of Directors, in its meeting held on October 30, 2026, recommended an interim cash dividend, bonus shares and right shares, subject to the terms and proportions specified in the company’s announcement. The filing does not specify the numerical entitlement ratios for these proposed corporate actions.

The strong improvement in quarterly earnings highlights NetSol Technologies’ improved financial performance during the period. Investors will be watching the company’s upcoming financial disclosures for further insight into its business growth, profitability and future outlook.