---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038461"
form_type: "8-K"
ticker: "NTWK"
cik: "0001039280"
company_name: "NETSOL TECHNOLOGIES INC"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:38:48.713298+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NetSol Technologies Ltd. Q1 revenue up 31% to PKR 2.26B; net profit +42%

## Summary
- Net revenue PKR 2,256M vs PKR 1,716M in prior-year quarter (up 31.5%).
- Gross profit PKR 901M vs PKR 476M (up 89.3%); net profit PKR 272M vs PKR 191M.
- Diluted EPS PKR 3.09 vs PKR 2.17 in the same quarter of fiscal 2023.
- These are subsidiary results only; not representative of consolidated NetSol Technologies, Inc.

## SEC filing metadata
- accession: 0001493152-23-038461
- form_type: 8-K
- ticker: NTWK
- cik: 0001039280
- company_name: NETSOL TECHNOLOGIES INC
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039280/000149315223038461/0001493152-23-038461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039280/000149315223038461/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038461
- JSON: https://secwatch.observer/filing/0001493152-23-038461.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038461.txt

## Key facts
- Earnings Releases
  NETSOL TECHNOLOGIES INC reported financial results for first quarter ended September 30, 2023.
  - Period: first quarter ended September 30, 2023
  - Result: reported results
  source text: On October 27, 2023, NetSol Technologies, Inc.'s Pakistani subsidiary, NetSol Technologies, Ltd. posted the results of operations and financial conditions for first quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039280/000149315223038461/0001493152-23-038461-index.htm

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