NetSol subsidiary Q3 net profit jumps to PKR 1,404M from PKR 165M YoY

NETSOL TECHNOLOGIES INC

2023-Q3 EPS reported -$0.01 revenue$38,602,866

Revenue PKR 2,079M for Q3 ended March 31, 2023, up 29% from PKR 1,607M YoY.
Gross profit PKR 695M vs PKR 519M in prior-year period.
Net profit PKR 1,404M (EPS PKR 15.98) vs PKR 165M (EPS PKR 1.82) YoY.
Results are for NetSol Technologies Ltd (Pakistan subsidiary), not consolidated parent.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NETSOL TECHNOLOGIES INC reported third quarter ended March 31, 2023 results: revenue PKR 2,079 million, net income PKR 1,404 million, EPS PKR 15.98 per diluted share.

Period: third quarter ended March 31, 2023
Revenue: PKR 2,079 million
Net income: PKR 1,404 million
EPS: PKR 15.98 per diluted share
Result: reported results

Exact text from the filing

of NetSol Technologies, Inc., today announced financial results for the quarter ended March 31, 2023. Financial Highlights Q3, 2022-23 ● Company posted revenues of PKR 2,079 million compared to PKR 1,607 million in corresponding quarter of last fiscal year ● Gross profit remained at PKR 695 million compared to PKR 519 million in the corresponding period ●

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Source: SEC EDGAR

accession 0001493152-23-013762

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