Item 2.02 Results of Operations and Financial Condition . On October 30, 2026, NetSol Technologies, Inc.’s Pakistani subsidiary, NetSol Technologies, Ltd. posted the results of operations and financial conditions for quarter ended September 30, 2026. The results are posted on the Pakistan Stock Exchange. These results represent only the results of one subsidiary of NetSol Technologies, Inc.…
Filed Nov 4, 2026Accepted Nov 4, 2026, 5:05 PM ESTCIK 1039280Accession 0001493152-26-049985
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Item 2.02Item 2.02 - Results of Operations
Item
2.02 Results of Operations and Financial Condition .
On
October 30, 2026, NetSol Technologies, Inc.’s Pakistani subsidiary, NetSol Technologies, Ltd. posted the results of operations
and financial conditions for quarter ended September 30, 2026. The results are posted on the Pakistan Stock Exchange. These results represent
only the results of one subsidiary of NetSol Technologies, Inc. and are not representative of the results of the NetSol Technologies,
Inc. on a consolidated basis.
The
information in this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated
by reference into any registration statement or other document field under the Securities Act of 1933, as amended, or the Exchange Act,
except as shall be expressly set forth by specific reference in such filing.
Exhibits
99.1 Earnings Announcement for October 30,2026, for NetSol Technologies Ltd.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Page
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htm
EXHIBIT
99.1
NetSol
Technologies Limited Pakistan, (“NetSol PK”), a majority owned subsidiary of NetSol Technologies, Inc., has announced financial
results for the quarter ended September 30, 2026.
Financial
Highlights Q1, 2026-27
Company posted net revenues of PKR 2,620 million compared to
PKR 2,244 million in corresponding quarter of last fiscal year
Gross profit increased to PKR 1,324 million compared to PKR
772 million in the corresponding period
Company reported a net profit of PKR 508 million compared to
PKR 50 million last year
Revenues
for the quarter ended September 30, 2026 increased to PKR 2,620 million, up 17% from revenues of PKR 2,244 million reported in the same
quarter of last fiscal year. The revenue stream for the current quarter is fueled with license revenue of PKR 128 million associated
with the provision of existing customer. On the services side, the Company recorded a handsome amount of PKR 1,245 million in comparison
to PKR 826 million in the corresponding period last year mainly due to enhancement and customization in the systems deployed at customer
sites. The Company reported gross margin of PKR 1,324 million as compared to the correspond…