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NETSOL | Q2-Dec 2024

NetSol Technologies Limited Financial Results for Q2 Dec 2024

For Q2 Dec 2024, NETSOL reported a loss of Rs. 0.3 per share with no cash dividend. Over the past four quarters, cumulative net income stands at Rs. 8.3 per share, with total cash distributions of Rs. 3 per share.


Quarterly Performance Highlights:

  • Revenue increased by 1% compared to the previous four-quarter average.

  • Gross profit declined by 3% versus the four-quarter average.

  • Net income fell by 20% compared to the four-quarter average.

  • PAT dropped by 114% quarter-on-quarter.

Gross profit margin for the quarter was 42%, down from the four-quarter average of 43.2%.


Market Performance:

  • NETSOL underperformed the KSE100 by 8% over the past 3 months and by 37% over the past year.

  • Current market price: Rs. 143.3

  • P/E Ratio: 17

  • Dividend Yield: 2.1%



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