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%
