Profit after tax of Netsol Technologies increases

04 Sep, 2010

The profit after tax of Netsol Technologies Limited has increased to Rs 977.232 million in the year ended June 30, 2010 (FY10) as compared to Rs 341.170 million earned in the corresponding period in FY09. The board of directors of the company in its meeting held on Thursday declared that the company's earning per share has increased to Rs 12.38 in the period under review against Rs 4.12 in the same period a year back.
According to the financial results sent to Karachi Stock Exchange (KSE), the company's revenue increased to Rs 2.031 billion in the financial year FY10 against Rs 1.323 billion recorded in FY09. The company's profit before taxation increased to Rs 979.875 million in FY10 against Rs 348.342 million in the same period in FY09.

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