---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035994"
form_type: "8-K"
ticker: "NTWK"
cik: "0001039280"
company_name: "NETSOL TECHNOLOGIES INC"
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:08:09.843892+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-035994
- form_type: 8-K
- ticker: NTWK
- cik: 0001039280
- company_name: NETSOL TECHNOLOGIES INC
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039280/000149315224035994/0001493152-24-035994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039280/000149315224035994/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035994
- JSON: https://secwatch.observer/filing/0001493152-24-035994.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035994.txt

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