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NetSol Technologies Limited — Interim / Quarterly Report 2026
May 4, 2026
72248_rns_2026-05-04_016c396c-a319-45d6-860f-f244329073a0.pdf
Interim / Quarterly Report
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NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore
Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM CONSOLIDATED STATEMENT OF PROFIT OR LOSS (UN-AUDITED)
FOR THE NINE MONTHS & QUARTER ENDED MARCH 31, 2026
| Nine Months ended March 31, | Quarter ended March 31, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| (Un-audited) | ||||
| --- Rupees in Thousands --- | (Un-audited) | |||
| --- Rupees in Thousands --- | ||||
| Revenue from contracts with customers - net | 9,339,329 | 6,609,011 | 3,571,823 | 2,399,985 |
| Cost of revenue | (4,698,789) | (4,156,323) | (1,481,061) | (1,480,947) |
| Gross Profit | 4,640,540 | 2,452,688 | 2,090,762 | 919,038 |
| Selling and promotional expenses | (1,087,697) | (655,843) | (470,223) | (225,505) |
| Administrative expenses | (1,437,921) | (1,120,100) | (500,945) | (359,910) |
| (2,525,618) | (1,775,943) | (971,168) | (585,415) | |
| Operating Profit | 2,114,922 | 676,745 | 1,119,594 | 333,623 |
| Other operating expenses | (277,795) | (458,483) | (72,373) | (204,320) |
| Finance cost | (135,204) | (181,380) | (40,441) | (51,414) |
| Other income | 213,684 | 429,277 | 67,516 | 175,530 |
| (199,315) | (210,586) | (45,298) | (80,204) | |
| Profit before Final Taxes and Income Tax | 1,915,607 | 466,159 | 1,074,296 | 253,419 |
| Final tax / levies | (246,895) | (187,297) | (123,863) | (38,693) |
| Profit before Income Tax | 1,668,712 | 278,862 | 950,433 | 214,726 |
| Income tax | - | - | - | - |
| Net Profit for the Period | 1,668,712 | 278,862 | 950,433 | 214,726 |
| Earnings Per Share - Basic and Diluted | ||||
| - Basic | 19.36 | 3.20 | 10.98 | 2.50 |
| - Diluted | 19.18 | 3.15 | 10.91 | 2.46 |

COMPANY SECRETARY

Lahore
Karachi
Encinno
Austin
London
Horsham
Sydney
Beijing
Tianjin
Bangkok
Jakarta
Dubai
Pakistan
Pakistan
USA
USA
UK
UK
Australia
China
China
Thailand
Indonesia
UAE
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore
Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION (UN-AUDITED)
AS AT MARCH 31, 2026
| | March 31,
2026 | June 30,
2025 |
| --- | --- | --- |
| | (Un-audited) (Audited) | |
| | ---Rupees in Thousands--- | |
| ASSETS | | |
| Non Current Assets | | |
| Property and equipment | 1,368,596 | 1,227,112 |
| Intangible assets | 290,448 | - |
| Long term contract assets | 746,834 | 143,058 |
| Long term loans to employees | 7,180 | 8,590 |
| | 2,413,058 | 1,378,760 |
| Current Assets | | |
| Trade debts | 8,781,325 | 5,869,134 |
| Contract assets | 3,331,588 | 2,542,057 |
| Loans and advances | 122,049 | 42,111 |
| Deposits and short term prepayments | 145,816 | 229,351 |
| Other receivables | 122,044 | 127,131 |
| Due from related parties | 164,071 | 187,791 |
| Prepaid tax asset | | 19,668 |
| Short term investments | 600,000 | 200,000 |
| Cash and bank balances | 2,657,495 | 3,767,897 |
| | 15,924,388 | 12,985,140 |
| Total Assets | 18,337,446 | 14,363,900 |
| EQUITY AND LIABILITIES | | |
| Share Capital and Reserves | | |
| Authorized share capital | | |
| 200,000 (June 30, 2025: 200,000) ordinary shares of Rs. 10 each | 2,000,000 | 2,000,000 |
| Issued, subscribed and paid up capital | 898,369 | 898,369 |
| Reserves | 11,687,775 | 9,922,818 |
| Share deposit money | 537 | 3,868 |
| Shareholders' Equity | 12,586,681 | 10,825,055 |
| Non Current Liabilities | | |
| Long term financing | 68,219 | 13,343 |
| Long term advances | 15,164 | 5,415 |
| | 83,383 | 18,758 |
| Current Liabilities | | |
| Trade and other payables | 1,080,924 | 1,173,792 |
| Contract liabilities | 2,290,717 | 153,329 |
| Short term borrowings | 2,180,000 | 2,180,000 |
| Provision for taxation-net | 52,390 | - |
| Current portion of long term financing | 58,906 | 8,428 |
| Unclaimed dividend | 4,445 | 4,538 |
| | 5,667,382 | 3,520,087 |
| Contingencies and commitments | - | - |
| Total Equity and Liabilities | 18,337,446 | 14,363,900 |

COMPANY SECRETARY

Lahore
Karachi
Pakistan
Encino
USA
Austin
UK
London
UK
Horsham
UK
Sydney
Australia
Beijing
China
Tianjin
China
Bangkok
Thailand
Jakarta
Indonesia
Dubai
UAE
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE NINE MONTHS ENDED MARCH 31, 2026
| | Mar 31, 2026
(Un-audited) | Mar 31, 2025
(Un-audited) |
| --- | --- | --- |
| | ---Rupees in Thousands--- | |
| Profit before final taxes and income tax | 1,915,607 | 466,159 |
| Adjustments for: | | |
| Depreciation - own assets | 193,044 | 234,417 |
| Depreciation of right of use assets | 7,354 | 607 |
| Gain on disposal of property and equipment | (24,245) | (980) |
| Foreign exchange loss - net | 64,583 | 9,989 |
| Finance cost | 130,048 | 177,310 |
| Interest income | (183,656) | (427,507) |
| Effect of discounting of long term contract assets | (5,108) | - |
| Employee share option compensation expense | - | 4,349 |
| Provision for expected credit losses | 36,212 | 178,547 |
| | 218,232 | 176,732 |
| Operating profit before working capital changes | 2,133,839 | 642,891 |
| Decrease / (Increase) in current assets | | |
| Trade debts | (2,890,329) | 682,932 |
| Contract assets | (1,488,804) | (816,835) |
| Loans and advances | (78,528) | 50,012 |
| Deposits and short term prepayments | 83,535 | (105,850) |
| Other receivables | 18,792 | (63,316) |
| Due from related parties | 23,720 | 203,562 |
| (Decrease) / Increase in current liabilities | | |
| Trade and other payables | (104,051) | 194,627 |
| Contract liabilities | 2,137,672 | (1,245,825) |
| Cash Used in Operations | (2,297,993) | (1,100,693) |
| Levy / final tax paid | (177,377) | (212,449) |
| Dividend paid | (93) | (262,782) |
| | (177,470) | (475,231) |
| Net cash used in Operating Activities | (341,624) | (933,033) |
| CASH FLOWS FROM INVESTING ACTIVITIES | | |
| Payment for acquisition of property and equipment | (363,005) | (177,550) |
| Proceeds from disposal of property and equipment | 26,041 | 1,005 |
| Expenditure on internally generated intangibles | (290,448) | - |
| Short term investments | (400,000) | (200,000) |
| Advance against capital expenditure | 19,333 | (64,545) |
| Interest received | 169,951 | 427,507 |
| Net Cash used in Investing Activities | (838,128) | (13,583) |
| CASH FLOWS FROM FINANCING ACTIVITIES | | |
| Acquisition of treasury shares | - | (419,988) |
| Share deposit money | 109,060 | (13) |
| Repayment of lease liabilities | (19,478) | (1,017) |
| Received against lease liabilities | 38,735 | - |
| Long term financing obtained | 106,608 | (11,791) |
| Repayment of long term financing | (27,366) | - |
| Short term borrowing - net | (133,798) | 443,742 |
| Long term advances - net | 9,749 | 2,565 |
| Net Cash generated from Financing Activities | 83,510 | 13,498 |
| Net decrease in Cash and Cash Equivalents | (1,096,242) | (933,118) |
| Net foreign exchange difference | (14,160) | 342 |
| Cash and cash equivalents at the beginning of the period | 3,767,897 | 4,669,162 |
| Cash and Cash Equivalents at the End of the Period | 2,657,495 | 3,736,386 |
COMPANY SECRETARY
NetSol Technologies Limited
L
Lahore
Karachi
Encino
Austin
London
Horsham
Sydney
Beijing
Tianjin
Bangkok
Jakarta
Dubai
Pakistan
Pakistan
USA
USA
UK
UK
Australia
China
China
Thailand
Indonesia
UAE
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore
Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)
FOR THE NINE MONTHS ENDED MARCH 31, 2026
| Particulars | Share Capital | Reserves | Total Reserves | Share Deposit Money | Total Equity | ||||
|---|---|---|---|---|---|---|---|---|---|
| Capital Reserve | Revenue Reserve | ||||||||
| Share Premium | Employee Share Option Compensation Reserve | Treasury Share Reserve | Foreign Currency Translation Reserve | Unappropriated Profit | |||||
| Balance as at June 30, 2024 | 898,369 | 304,167 | 265,445 | (184,739) | 544 | 8,822,648 | 9,208,065 | 13 | 10,106,447 |
| Net profit for the period | - | - | - | - | - | 278,862 | 278,862 | - | 278,862 |
| Other comprehensive income for the period | - | - | - | - | 344 | - | 344 | - | 344 |
| Total comprehensive income for the period | - | - | - | - | 344 | 278,862 | 279,206 | - | 279,206 |
| Transactions with owners of the equity | |||||||||
| Dividend paid | - | - | - | - | - | (263,511) | (263,511) | - | (263,511) |
| Acquisition of treasury shares | - | - | - | (419,988) | - | - | (419,988) | - | (419,988) |
| Employee share option reserve | - | - | 4,349 | - | - | - | 4,349 | - | 4,349 |
| Share deposit money received - net | - | - | - | - | - | - | - | (12) | (12) |
| Balance as at March 31, 2025 | 898,369 | 304,167 | 269,794 | (604,727) | 888 | 8,837,999 | 8,808,121 | - | 9,706,460 |
| Balance as at June 30, 2025 | 898,369 | 304,167 | 269,795 | (604,727) | 9,181 | 9,944,402 | 9,922,818 | 3,868 | 10,825,055 |
| Net profit for the period | - | - | - | - | - | 1,668,712 | 1,668,712 | - | 1,668,712 |
| Other comprehensive income for the period | - | - | - | - | (16,146) | - | (16,146) | - | (16,146) |
| Total comprehensive income for the period | - | - | - | - | (16,146) | 1,668,712 | 1,652,566 | - | 1,652,566 |
| Transactions with owners of the equity | |||||||||
| Re-issue of treasury shares against stock options to employees | - | 418 | (21,398) | 133,371 | - | - | 112,391 | (112,391) | - |
| Share deposit money received - net | - | - | - | - | - | - | - | 109,060 | 109,060 |
| Balance as at March 31, 2026 | 898,369 | 304,585 | 248,397 | (471,356) | (6,965) | 11,613,114 | 11,687,775 | 537 | 12,586,681 |

Lahore
Pakistan
Karachi
Pakistan
Encino
USA
Austin
USA
London
UK
Horsham
UK
Sydney
Australia
Beijing
China
Tianjin
China
Bangkok
Thailand
Jakarta
Indonesia
Dubai
UAE
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM UN-CONSOLIDATED STATEMENT OF PROFIT OR LOSS (UN-AUDITED)
FOR THE NINE MONTHS & QUARTER ENDED MARCH 31, 2026
| Nine Months Ended March 31, | Quarter Ended March 31, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| (Un-audited) | (Un-audited) | |||
| --- Rupees in Thousands --- | --- Rupees in Thousands --- | |||
| Revenue from contracts with customers - net | 7,882,478 | 6,441,084 | 3,247,132 | 2,287,062 |
| Cost of revenue | (4,269,763) | (3,995,822) | (1,314,204) | (1,428,632) |
| Gross Profit | 3,612,715 | 2,445,262 | 1,932,928 | 858,430 |
| Selling and promotional expenses | (715,460) | (604,809) | (262,836) | (211,537) |
| Administrative expenses | (1,171,168) | (1,103,776) | (382,243) | (353,515) |
| (1,886,628) | (1,708,585) | (645,079) | (565,052) | |
| Operating Profit | 1,726,087 | 736,677 | 1,287,849 | 293,378 |
| Other operating expenses | (255,413) | (458,889) | (71,226) | (204,320) |
| Finance cost | (134,610) | (180,729) | (40,189) | (51,272) |
| Other income | 230,708 | 436,885 | 66,546 | 178,266 |
| (159,315) | (202,733) | (44,869) | (77,326) | |
| Profit before Final Taxes and Income Tax | 1,566,772 | 533,944 | 1,242,980 | 216,052 |
| Final tax / levies | (172,480) | (186,992) | (116,113) | (38,607) |
| Profit before Income Tax | 1,394,292 | 346,952 | 1,126,867 | 177,445 |
| Income tax | - | - | - | - |
| Net Profit for the Period | 1,394,292 | 346,952 | 1,126,867 | 177,445 |
| Earnings Per Share - Basic and Diluted | ||||
| - Basic | 16.18 | 3.98 | 13.01 | 2.06 |
| - Diluted | 16.03 | 3.92 | 12.94 | 2.03 |

COMPANY SECRETARY

Lahore
Karachi
Encino
Austin
London
Horsham
Sydney
Beijing
Tianjin
Bangkok
Jakarta
Dubai
Pakistan
Pakistan
USA
USA
UK
UK
Australia
China
China
Thailand
Indonesia
UAE
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore
Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM UN-CONSOLIDATED STATEMENT OF FINANCIAL POSITION (UN-AUDITED)
AS AT MARCH 31, 2026
| | March 31
2026 | June 30
2025 |
| --- | --- | --- |
| | (Un-audited) | (Audited) |
| | ---Rupees in Thousands--- | |
| ASSETS | | |
| Non Current Assets | | |
| Property and equipment | 1,303,501 | 1,225,066 |
| Intangible assets | 290,448 | - |
| Long term investments | 537,218 | 537,218 |
| Long term contract assets | 621,322 | 20,846 |
| Long term loans to employees | 7,180 | 8,590 |
| | 2,759,669 | 1,791,720 |
| Current Assets | | |
| Trade debts | 8,581,024 | 5,740,008 |
| Contract assets | 2,716,604 | 1,997,736 |
| Loans and advances | 121,250 | 42,041 |
| Deposits and short term prepayments | 139,229 | 226,057 |
| Other receivables | 113,414 | 127,085 |
| Due from related parties | 636,417 | 362,685 |
| Prepaid tax asset | 5,712 | 70,468 |
| Short term investments | 600,000 | 200,000 |
| Cash and bank balances | 2,208,483 | 3,696,726 |
| | 15,122,133 | 12,462,806 |
| Total Assets | 17,881,802 | 14,254,526 |
| EQUITY AND LIABILITIES | | |
| Share Capital and Reserves | | |
| Authorized share capital | | |
| 200,000(June 30, 2025: 200,000) ordinary shares of Rs. 10 each | 2,000,000 | 2,000,000 |
| Issued, subscribed and paid up capital | 898,369 | 898,369 |
| Reserves | 11,522,757 | 10,016,074 |
| Share deposit money | 537 | 3,868 |
| Shareholders' Equity | 12,421,663 | 10,918,311 |
| Non Current Liabilities | | |
| Long term financing | 68,219 | 13,343 |
| Long term advances | 15,164 | 5,415 |
| | 83,383 | 18,758 |
| Current Liabilities | | |
| Trade and other payables | 901,987 | 972,870 |
| Contract liabilities | 2,250,675 | 151,621 |
| Short term borrowings | 2,180,000 | 2,180,000 |
| Current portion of long term financing | 39,649 | 8,428 |
| Unclaimed dividend | 4,445 | 4,538 |
| | 5,376,756 | 3,317,457 |
| Contingencies and commitments | - | - |
| Total Equity and Liabilities | 17,881,802 | 14,254,526 |
COMPANY SECRETARY
NetSol Technologies Limited
A member of Group Executive Group Limited is a member of Group Executive Group Limited.
Lahore
Karachi
Encin
Austin
London
Horsham
Sydney
Beijing
Tianjin
Bangkok
Jakarta
Dubai
Pakistan
Pakistan
USA
USA
UK
UK
Australia
China
China
Thailand
Indonesia
UAE
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore
Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM UN-CONSOLIDATED STATEMENT OF CASH FLOWS (UN-AUDITED)
FOR THE NINE MONTHS ENDED MARCH 31, 2026
| | March 31
2026 | March 31
2025 |
| --- | --- | --- |
| | ---Rupees in Thousands--- | |
| Profit before final taxes and income tax | 1,566,772 | 533,944 |
| Adjustments for: | | |
| Depreciation - own assets | 190,369 | 231,624 |
| Depreciation of right of use assets | - | 607 |
| Gain on disposal of property and equipment | (24,245) | (980) |
| Foreign exchange loss - net | 42,201 | 10,395 |
| Finance cost | 130,048 | 177,310 |
| Interest income | (199,780) | (434,215) |
| Effect of discounting of long term contract assets | (5,108) | - |
| Employee share option compensation expense | - | 4,349 |
| Provision for expected credit losses | 36,212 | 178,547 |
| | 169,697 | 167,637 |
| Operating profit before working capital changes | 1,736,469 | 701,581 |
| Decrease / (Increase) in current assets | | |
| Trade debts | (2,800,520) | 683,144 |
| Contract assets | (1,431,996) | (749,190) |
| Loans and advances | (77,799) | 44,818 |
| Deposits and short term prepayments | 86,828 | (106,486) |
| Other receivables | 27,376 | (63,124) |
| Due from related parties | (273,732) | 106,038 |
| (Decrease) / Increase in current liabilities | | |
| Trade and other payables | (61,711) | 163,964 |
| Contract liabilities | 2,099,338 | (1,264,053) |
| Cash used in Operations | (2,432,216) | (1,184,889) |
| Levy / final tax paid | (107,724) | (212,204) |
| Dividend paid | (93) | (262,782) |
| | (107,817) | (474,986) |
| Net cash used in Operating Activities | (803,564) | (958,294) |
| CASH FLOWS FROM INVESTING ACTIVITIES | | |
| Payment for acquisition of property and equipment | (289,933) | (176,987) |
| Proceeds from disposal of property and equipment | 26,041 | 1,005 |
| Expenditure on internally generated intangibles | (290,448) | - |
| Short term investments | (400,000) | (200,000) |
| Advance against capital expenditure | 19,333 | (64,545) |
| Interest received | 186,075 | 434,215 |
| Net cash used in Investing Activities | (748,932) | (6,312) |
| CASH FLOWS FROM FINANCING ACTIVITIES | | |
| Acquisition of treasury shares | - | (419,988) |
| Share deposit money - net | 109,060 | (13) |
| Repayment of lease liabilities | - | (1,017) |
| Long term financing obtained | 106,608 | (12,043) |
| Repayment of long term financing | (27,366) | - |
| Short term borrowing - net | (133,798) | 443,994 |
| Long term advances - net | 9,749 | 2,565 |
| Net cash generated from Financing Activities | 64,253 | 13,498 |
| Net decrease in Cash and Cash Equivalents | (1,488,243) | (951,108) |
| Cash and cash equivalents at the beginning of the period | 3,696,726 | 4,647,055 |
| Cash and Cash Equivalents at the End of the Period | 2,208,483 | 3,695,947 |
Company Secretary
L
Lahore
Pakistan
Karachi
Pakistan
Encino
USA
Austin
USA
London
UK
Horsham
UK
Sydney
Australia
Beijing
China
Tianjin
China
Bangkok
Thailand
Jakarta
Indonesia
Dubai
UAE
NETSOL Technologies Ltd.
NETSOL IT Village (Software Technology Park), Lahore Ring Road, Ghazi Road Interchange, Lahore
Cantt. 54792, Pakistan.
Email: [email protected]
Phone: +92 42 111-44-88-00
Web: www.netsolpk.com
CONDENSED INTERIM UN-CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)
FOR THE NINE MONTHS ENDED MARCH 31, 2026
| Particulars | Share Capital | Reserves | Total Reserves | Share Deposit Money | Total Equity | |||
|---|---|---|---|---|---|---|---|---|
| Capital Reserve | Revenue Reserve | |||||||
| Share Premium | Employee Share Option Compensation Reserve | Treasury Share Reserve | Unappropriated Profit | |||||
| Rupees in Thousands | ||||||||
| Balance as at June 30, 2024 | 898,369 | 304,167 | 264,787 | (184,739) | 9,280,082 | 9,664,297 | 13 | 10,562,679 |
| Net profit for the period | - | - | - | - | 346,952 | 346,952 | - | 346,952 |
| Other comprehensive income for the period | - | - | - | - | - | - | - | - |
| Total comprehensive income for the period | - | - | - | - | 346,952 | 346,952 | - | 346,952 |
| Transactions with owners of the equity | ||||||||
| Payment of final dividend for the period ended June 30, 2024 | (263,511) | (263,511) | - | (263,511) | ||||
| Acquisition of treasury shares | (419,988) | (419,988) | (419,988) | |||||
| Share deposit money received - net | - | (13) | (13) | |||||
| Employee share option reserve | - | - | 4,349 | - | - | 4,349 | - | 4,349 |
| Balance as at March 31, 2025 | 898,369 | 304,167 | 269,136 | (604,727) | 9,363,523 | 9,332,099 | - | 10,230,468 |
| Balance as at June 30, 2025 | 898,369 | 304,167 | 269,136 | (604,727) | 10,047,498 | 10,016,074 | 3,868 | 10,918,311 |
| Net profit for the period | - | - | - | - | 1,394,292 | 1,394,292 | - | 1,394,292 |
| Other comprehensive income for the period | - | - | - | - | - | - | - | - |
| Total comprehensive income for the period | - | - | - | - | 1,394,292 | 1,394,292 | - | 1,394,292 |
| Transactions with owners of the equity | ||||||||
| Re-issue of treasury shares against stock options to employees | - | 418 | (21,398) | 133,371 | - | 112,391 | (112,391) | - |
| Share deposit money received - net | - | - | - | - | - | - | 109,060 | 109,060 |
| Balance as at March 31, 2026 | 898,369 | 304,585 | 247,738 | (471,356) | 11,441,790 | 11,522,757 | 537 | 12,421,663 |

COMPANY SECRETARY

Lahore
Karachi
Encino
Austin
London
Horsham
Sydney
Beijing
Tianjin
Bangkok
Jakarta
Dubai
Pakistan
Pakistan
USA
USA
UK
UK
Australia
China
China
Thailand
Indonesia
UAE