NetSol PK subsidiary reports FY 2024 revenue up 21% to PKR 9.28B; net profit up 8%

NETSOL TECHNOLOGIES INC

Net revenues PKR 9,281M vs PKR 7,670M prior year; gross profit PKR 4,164M (up 84%).
Net profit after tax PKR 1,384M vs PKR 1,285M; diluted EPS PKR 15.63 vs PKR 14.59.
Currency exchange loss of PKR 326M this year vs gain of PKR 1,696M in FY 2023 dampened net profit growth.
Results are for majority-owned subsidiary NetSol Technologies Ltd., not consolidated parent.

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