BR Research

NetSol nudges back to profitability

Published February 1, 2012 Updated February 1, 2012 12:00am

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NetSol
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(Rs mn)                    1HFY12     1HFY11      c hg
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Revenues                     774        852        -9%
Cost of revenue              358        278        29%
Gross profit                 416        573       -27%
Gross margin                  54%        67%
Administrative expenses      162        181       -10%
Other income                   7        112       -94%
Operating profit/(loss)      179        433       -59%
Net Profit                   168        417       -60%
Net margin                  21.7%      48.9%      
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Source: KSE announcement