Jaro Education posts strong Q3 FY26 growth, signals rising demand for new-age skills
Jaro Institute of Technology Management and Research Limited posted revenue from operations of Rs 6,000.96 lakh in Q3 FY26, marking a 38.6% year-on-year increase compared to Rs 4,329.18 lakh in the corresponding quarter last year. Including other income, total income rose 42.12% YoY to Rs 6,180.47 lakh, indicating both scale and diversification.
The company’s cost discipline contributed significantly to improved profitability. Total expenditure increased by 7.53% YoY, well below the pace of revenue growth, resulting in improved operating leverage. EBITDA stood at Rs 1,229.36 lakh, compared to Q3 FY25, with margins expanding to 19.89%.
Profitability strengthened across metrics. Profit after tax (PAT) came in at Rs 703.06 lakh, while PAT margins improved to 11.38%. The quarter marks Jaro’s second set of financial results since its IPO in September 2025, underscoring its focus on profitable, capital-efficient growth.
Key drivers behind Q3 performance
According to the company, Q3 performance was driven by a combination of factors, including the scale-up of institutional partnerships, the launch of new programs with premium academic institutions, and an increase in overall enrolments.
Institutional collaborations with universities such as Symbiosis International University, Parul University, and Dr. MGR University contributed meaningfully to volumes, while program diversification across technology, leadership, and business domains helped broaden learner demand.
Broad-based demand across new-age skills
According to the company, Q3 growth was supported by a steady rise in reskilling and upskilling activity among working professionals navigating technology shifts, leadership transitions, and sectoral change. Learners increasingly opted for programs that strengthen role relevance, enable career mobility, and align closely with evolving industry needs.
While Generative AI remained a strong area of interest, demand extended across a wider range of future-facing skills, including advanced digital technologies, core engineering domains, and leadership capabilities. Programs that combine technical depth with strategic and managerial skills saw particular traction. Key areas of interest included:
- CTO and technology leadership programs, increasingly backed by enterprises looking to future-proof senior talent
- Digital, AI, and data-led leadership programs focused on strategic decision-making
- Business finance and digital marketing, especially among mid-career professionals seeking hybrid skill sets
Working professionals continued to be the fastest-growing segment, while enterprise-led programs contributed meaningfully, reinforcing Jaro’s B2B and institutional footprint.
Portfolio expansion and academic partnerships
During the quarter, Jaro expanded and deepened its program portfolio to address industry-driven skill gaps. New launches included an ePG Diploma in Interaction Design with IDC, IIT Bombay, addressing the growing demand in the UX/UI design market; an Advanced Executive Program in Global Supply Chain Management with SJMSOM, IIT Bombay, shaped by post-pandemic supply chain challenges; a Senior Executive Development Programme in Transformational Leadership for CXOs with XLRI; and an Advanced Certificate Program in Generative AI Applications for Business Managers with IIT Bombay, designed to help leaders apply AI in real business contexts.
In addition, Jaro renewed its exclusive five-year partnership with Symbiosis International University, reinforcing long-term collaboration and program depth. Through its partnership with IIT Madras, Jaro upskilled over 2,000 learners under the Next Gen Business Mastery Program, covering Generative AI for business applications, data-driven decision making, design thinking, marketing in the new-age world, and managerial communications.
Jaro continued investing in platform intelligence during the quarter, with upgrades focused on AI-enabled personalisation, learner engagement, and operational efficiency.
Focus on learner outcomes
Across programs, Jaro maintained a strong emphasis on completion rates, engagement, and career impact. Aggregated insights pointed to improved role readiness and confidence across technology and leadership tracks.
Partnerships also remained a key growth lever. Corporate collaborations with HCLTech, PNB MetLife, and Sutherland supported enterprise upskilling and leadership development initiatives. The company also partnered with JK Shah Classes to expand online commerce education. Under the collaboration, Jaro will enable the digital delivery and selective scale-up of JK Shah Classes’ commerce programs by providing technology infrastructure and learner support services. JK Shah Classes specializes in coaching for professional commerce certifications, including CA, CS, CMA, CFA, and ACCA.
The partnership further strengthens Jaro’s expansion into Tier II and Tier III markets, one of the standout growth drivers during the quarter. The company reported higher enrolments from Tier II cities including Chandigarh, Ahmedabad, Jaipur, Lucknow, and Kochi, alongside growing regional partnerships, reflecting a rising appetite for structured, career-linked education beyond metro centres. This momentum aligns with Jaro’s longer-term strategy to deepen regional penetration and diversify growth away from metro-heavy dependence.
What’s next?
Education, the company noted, continues to remain structurally resilient and relatively recession-proof, with ongoing disruption in AI and innovation driving sustained demand for upskilling. While seasonal softness during festive periods is typical for the sector, it was effectively managed during the quarter.
Looking ahead, Jaro expects Q4 FY26 to be its strongest quarter historically, supported by current momentum. Key plans for Q4 include setting up new offices in Patna, Bhubaneswar, and Nagpur, scaling manpower to over 1,000 employees, launching two new university partnerships, and introducing new programs across Agentic AI, robotics, global leadership, and CXO education.
As Jaro scales its ecosystem of academic institutions, enterprise partners, and technology-led platforms, Shradha Sharma, Founder and CEO of YourStory, in conversation with Dr Sanjay Salunkhe, Chairman and MD, Jaro Education, will explore how this strategy is translating into real-world impact for learners, enterprises, and the evolving future of work.
Watch this space.
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