Lahore: NETSOL Technologies Limited has reported a substantial increase in its net profit for the fiscal year 2026, driven by robust export revenue and strategic contract extensions. The company's net profit for the fiscal year ending June 30, 2026, rose to PKR 1,679 million, marking a 63% increase from PKR 1,031 million in the previous fiscal year. According to information available from the Pakistan Stock Exchange (PSX), this performance reflects a significant move in the company's financial results.

On October 26, 2026, NETSOL Technologies released its financial highlights, revealing a 16% increase in total revenue, reaching PKR 10,476 million, up from PKR 9,019 million in FY25. Export revenue accounted for 96% of the total, amounting to PKR 10,090 million. The gross profit also experienced a notable rise, climbing to PKR 4,489 million, a 25% increase compared to PKR 3,584 million in the previous fiscal year. The gross margin improved to 43% from 40%.

The earnings per share saw a growth of 64%, with basic EPS reported at PKR 19.45, up from PKR 11.89 in FY25. The company's EBITDA per share also rose to PKR 22.78 per diluted share, an increase from PKR 14.84 in the previous year. The Board of Directors proposed a final dividend of PKR 1.50 per share, representing a 15% payout, on September 28, 2026.

A key highlight of the year was a $50 million contract extension with a tier-one global auto captive, a longstanding customer since 1997. This extension is set for four years and is expected to provide further stability and revenue growth.

The revenue from one-off license sales saw a significant increase, contributing PKR 1,273 million compared to PKR 55 million in FY25, adding PKR 1.2 billion to the topline. The subscription and support services, which represent a recurring share of revenue, increased by 6% to PKR 5,574 million. However, revenue from implementation services slightly decreased by 2% to PKR 3,630 million.

Local revenue in Pakistan saw a notable rise, reaching PKR 387 million, up from PKR 52 million in FY25. Local services revenue increased to PKR 410 million from PKR 35 million, raising the local share to 4%.

NETSOL Technologies operates within the PSX Corporate Briefing category and continues to leverage its strong export market presence to drive financial growth and shareholder value.