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NetSol
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(Rs mn)                    3QFY12  3QFY11     chg
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Revenues                      456     555    -18%
Cost of revenue               237     183     30%
Gross profit                  220     372    -41%
Gross margin                  48%     67%
Administrative expenses        89      76     17%
Other income                   83      22    277%
Operating profit / (loss)     161     281    -43%
Net Profit                    157     275    -43%
Net margin                    34%     50%
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Source: KSE notice