---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-013762"
form_type: "8-K"
ticker: "NTWK"
cik: "0001039280"
company_name: "NETSOL TECHNOLOGIES INC"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T07:48:41.423514+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-013762
- form_type: 8-K
- ticker: NTWK
- cik: 0001039280
- company_name: NETSOL TECHNOLOGIES INC
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039280/000149315223013762/0001493152-23-013762-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039280/000149315223013762/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-013762
- JSON: https://secwatch.observer/filing/0001493152-23-013762.json
- Plain text: https://secwatch.observer/filing/0001493152-23-013762.txt

## Key facts
- Earnings Releases
  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
  source text: 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 ●
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039280/000149315223013762/0001493152-23-013762-index.htm

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