Netsol Technologies Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 2,567.03 million compared to PKR 1,712.63 million a year ago. Net income was PKR 496.53 million compared to net loss of PKR 212.87 million a year ago. Basic earnings per share from continuing operations was PKR 5.65 compared to basic loss per share from continuing operations of PKR 2.42 a year ago. Diluted earnings per share from continuing operations was PKR 5.62.
For the six months, sales was PKR 4,890.61 million compared to PKR 3,466.09 million a year ago. Net income was PKR 709.25 million compared to net loss of PKR 64 million a year ago. Basic earnings per share from continuing operations was PKR 8.07 compared to basic loss per share from continuing operations of PKR 0.73 a year ago. Diluted earnings per share from continuing operations was PKR 8.04.