NETSOL reported Q1-FY25 EPS of Rs. 0.8, with profit after tax (PAT) of Rs. 75 million — down 71% versus the last four-quarter average and 62% year-on-year. No dividend was announced with the quarterly results.
Revenue for the quarter rose 13% over the four-quarter average and 34% YoY, while gross profit increased 9% and 53%, respectively. The gross profit margin stood at 38%, slightly below the four-quarter average of 40%.
The effective tax rate surged to 33%, compared to an average of 19% in the previous four quarters. The quarterly profit includes other income of Rs. 79 million.
Netsol Technologies Inc. (USA) holds a 67.7% stake in NETSOL Technologies Ltd.
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