Board Meeting Details

The Board of Directors meeting was held on Saturday, August 08, 2026, commencing at 06:30 PM and concluding at 07:00 PM. The meeting approved the unaudited financial results for Q1 FY2027 based on the recommendation of the Audit Committee.

Financial Results (Quarter ended June 30, 2026)

Income Statement (INR in lakhs):

  • Revenue from operations: ₹7,075.05
  • Other income: ₹187.94
  • Total income: ₹7,262.99
  • Employee benefits expense: ₹2,013.45
  • Finance costs: ₹15.98
  • Depreciation and amortization expense: ₹208.99
  • Other expenses: ₹3,545.34
  • Total expenses: ₹5,783.76
  • Profit before tax: ₹1,479.23
  • Tax expense: ₹362.34 (Current tax: ₹275.99, Deferred tax: ₹86.35)
  • Net profit after tax: ₹1,116.89
  • Other comprehensive loss: ₹(7.42)
  • Total comprehensive income: ₹1,109.47

Comparative Performance:

  • Compared to Q1 FY2026: Revenue increased from ₹6,067.46 lakhs to ₹7,075.05 lakhs; Net profit increased from ₹753.30 lakhs to ₹1,116.89 lakhs
  • Compared to Q4 FY2026: Revenue decreased from ₹7,278.64 lakhs to ₹7,075.05 lakhs; Net profit decreased from ₹2,133.28 lakhs to ₹1,116.89 lakhs

Earnings Per Share:

  • Basic EPS: ₹5.11 (compared to ₹3.70 in Q1 FY2026 and ₹9.84 in Q4 FY2026)
  • Diluted EPS: ₹5.09 (compared to ₹3.67 in Q1 FY2026 and ₹9.77 in Q4 FY2026)

Capital Structure:

  • Paid-up equity share capital: ₹2,187.07 lakhs (Face value ₹10 per share)
  • Other equity: Not specified for current quarter

IPO Proceeds Utilization Update

The company revised its estimated IPO expenses from ₹3,665.39 lakhs to ₹3,313.39 lakhs. Accordingly, the company's share of IPO expenses was revised from ₹1,384.70 lakhs to ₹1,251.73 lakhs, based on the proportion of primary and secondary issue sizes. This revision was approved by the Board of Directors on July 4, 2026.

As of the reporting date, the utilization of IPO proceeds (fresh issue of ₹17,000.00 lakhs) was:

  • Marketing, brand building and advertising activities: ₹5,230.19 out of ₹8,100.00 allocated
  • Prepayment of borrowings: ₹4,500.00 out of ₹4,500.00 allocated
  • General corporate purposes: ₹3,014.03 out of ₹3,148.27 allocated
  • Provisional offer-related expenses: ₹1,251.73 out of ₹1,251.73 allocated
  • Total utilized: ₹13,995.95 out of ₹17,000.00

Corporate Actions

During the quarter ended June 30, 2026, the company allotted 91,696 equity shares of ₹10 each pursuant to ESOP scheme 2022 and ESOP scheme 2024.

Segment Information

The company operates in a single reportable segment of education program services with all operations domiciled in India.

ESOP Trust Arrangement

The company has appointed Jaro Education Welfare Trust (ESOP Trust) to administer the employee stock option scheme. The ESOP Trust borrowed funds from the company to purchase company shares from the open market for allotment to eligible employees. The company consolidates the ESOP Trust in its financial statements.

Availability of Information

The full text of the unaudited financial results is available on the company's website (www.jaroeducation.com) and on the BSE and NSE websites.