NETSOL delivers 6x jump in 9MFY26 profit

NetSol Technologies Limited (PSX: NETSOL) posted a consolidated net profit of Rs1.67bn over the nine-month period to March 31, 2026, compared with Rs278.86m a year earlier, according to Mettis Global. Basic earnings per share rose to Rs19.36 from Rs3.20, while diluted EPS climbed to Rs19.18 from Rs3.15. The profit has grown roughly six-fold, driven mainly by revenue growth that outpaced the rise in direct costs.

Revenue from contracts with customers increased 41% to Rs9.34bn, while cost of revenue rose 13% to Rs4.70bn. As a result, gross profit jumped 89% to Rs4.64bn and operating profit more than tripled to Rs2.11bn, even though selling and promotional expenses climbed 66% to Rs1.09bn. Administrative expenses also rose, by 28% to Rs1.44bn.

Finance costs fell 25% to Rs135.20m and other operating expenses dropped 39% to Rs277.80m, but other income declined 50% to Rs213.68m. Profit before final taxes and income tax reached Rs1.92bn. After a final tax and levy charge of Rs246.90m, which was 32% higher, net profit settled at Rs1.67bn.