Financial results of Netsol Technologies Limited for quarter ended September 30, 2016

Karachi, Netsol Technologies Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on October 28, 2016.

The agenda of the meeting was discussion of unconsolidated and consolidated profit and loss account for quarter ended September 30, 2016 which portrayed a profit of Rs. 76,538 and Rs. 117,391 with earnings per share 1.08 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

NetSol Technologies, Inc. (NASDAQ: NTWK) started its journey as a US based provider with a vision to create superior technology solutions. Relentlessly following our vision we now stand as one of the global leaders in IT Services and Enterprise Solutions.

Delivering quality and customization for over a period of four decades, we offer superior IT solutions that help streamline the operational needs of your business. With more than 150 satisfied clients in over 30 countries and 250 implementations globally, we understand the value of customizability and strive to continually deliver unprecedented solutions which cater directly to your business needs.