NetSol Technologies Inc.
05/01/2025 | Press release | Distributed by Public on 05/01/2025 08:00
Business/Financial Results (Form 8-K)
EXHIBIT 99.1
NetSol Technologies Limited Pakistan, ("NetSol PK"), a majority owned subsidiary of NetSol Technologies, Inc., today announced financial results for the quarter ended March 31, 2025.
Financial Highlights Q3, 2024-25
| ● | Company posted revenues of PKR 2,287 million compared to PKR 2,247 million in corresponding quarter of last fiscal year | |
| ● | Gross profit remained at PKR 858 million compared to PKR 984 million in the corresponding period | |
| ● | Company reported a net profit of PKR 177 million compared to PKR 64 million last year |
Revenues for the quarter ended March 31, 2025 slightly increased to PKR 2,287 million from PKR 2,247 million in the same quarter of last fiscal year. The company reported a gross profit of PKR 858 million compared to PKR 984 million in the comparative quarter of last fiscal year. The company posted a net profit of PKR 177 million or an EPS of PKR 2.03 per diluted share in comparison of a net profit of PKR 64 million or an EPS of PKR 0.72 per diluted share in the same quarter of fiscal 2024.
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