Netsol Technologies Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 1,712.63 million compared to PKR 1,735.96 million a year ago. Net loss was PKR 212.86 million compared to net income of PKR 519.3 million a year ago. Basic loss per share from continuing operations was PKR 2.42 compared to basic earnings per share from continuing operations of PKR 5.78 a year ago.
For the six months, sales was PKR 3,466.09 million compared to PKR 2,988.3 million a year ago. Net loss was PKR 63.99 million compared to net income of PKR 712.95 million a year ago. Basic loss per share from continuing operations was PKR 0.73 compared to basic earnings per share from continuing operations of PKR 7.94 a year ago.