Attached files
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| 8-K - NETSOL TECHNOLOGIES INC | v172993_8k.htm |
EXHIBIT
99.1
NETSOL TECHNOLOGIES
LTD. QUARTER ENDED DECEMBER 31, 2009
FINANCIAL
HIGHLIGHTS
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·
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Revenues
increased by 105% over the second quarter of FY
2008-09
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Gross
profit increased to 67% of revenues over second quarter of FY 2009-10
compared to 36% in the corresponding period of previous
year
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·
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Company
posted net income of Rs. 196 million as compared to Rs. 50 million in
corresponding period of FY 2008-09
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NetSol PK
posted revenues of Rs. 418.83 million which represents an increase of 105% as
compared to Rs. 204.54 million reported in the same period last year. Gross
profit in the quarter under review jumped to Rs. 280.97 million as compared to
Rs. 73.17 million reported in the same quarter of fiscal year 2008-09. During
the current quarter, the company posted net income of Rs. 196 million compared
with net profit of Rs. 50 million in the same period of FY 2008-09. Diluted
earnings per share remained at Rs. 2.57 compared to the earnings per share of
Rs. 0.18 reported in the corresponding period of FY 2008-09.
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