---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-030187"
form_type: "8-K"
ticker: "NTWK"
cik: "0001039280"
company_name: "NETSOL TECHNOLOGIES INC"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T11:38:52.435524+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "medium"
source: SEC EDGAR
---

# NetSol Technologies Pakistan subsidiary Q1 revenue up 37% YoY; net profit flat

## Summary
- Subsidiary NetSol PK reported Q1 revenue of PKR 1,716M, up 37% from PKR 1,252M YoY.
- Gross profit rose to PKR 476M from PKR 363M, a 31% increase YoY.
- Net profit after tax was PKR 191M (PKR 2.17/diluted share), nearly flat vs PKR 193M (PKR 2.15) last year.
- These results are for the Pakistani subsidiary only and not representative of consolidated NetSol Technologies, Inc.
- Parent company NTWK has not yet reported its own fiscal Q1 results.

## SEC filing metadata
- accession: 0001493152-22-030187
- form_type: 8-K
- ticker: NTWK
- cik: 0001039280
- company_name: NETSOL TECHNOLOGIES INC
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: medium
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039280/000149315222030187/0001493152-22-030187-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039280/000149315222030187/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030187
- JSON: https://secwatch.observer/filing/0001493152-22-030187.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030187.txt

## Key facts
- Earnings Releases
  NETSOL TECHNOLOGIES INC reported first quarter ended September 30, 2022 results: revenue PKR 1,716 million, net income PKR 191 million, EPS PKR 2.17 per diluted share.
  - Period: first quarter ended September 30, 2022
  - Revenue: PKR 1,716 million
  - Net income: PKR 191 million
  - EPS: PKR 2.17 per diluted share
  - Result: reported results
  source text: NetSol Technologies Limited Pakistan, (“NetSol PK”), a majority owned subsidiary of NetSol Technologies, Inc. servicing the Asia-Pacific region, announced financial results for the quarter ended September 30, 2022. Financial Highlights Q1, 2022-23 ● Net revenues increased to PKR 1,716 million compared to PKR 1,252 million in corresponding quarter of last fiscal year ● Gross profit increased to PKR 476 million versus PKR 363 million in the same period of last fiscal year ● Company posted a net profit of PKR 191 million or a profit of PKR 2.17 per diluted share compared to PKR 193 million last year or PKR 2.15 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039280/000149315222030187/0001493152-22-030187-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.