Jetking Infotrain Limited has announced its financial results for the quarter and nine months ended December 31, 2025, revealing a challenging third quarter performance despite showing resilience over the longer nine-month period. The IT training company, which specializes in hardware and networking education, reported a significant shift from profitability to losses in the latest quarter.

Financial Performance Overview

The company's quarterly performance showed a stark contrast compared to the previous year, with several key metrics reflecting the operational challenges faced during the period.

The company experienced a substantial decline in other income, dropping from ₹88.20 lakhs in Q3FY25 to just ₹6.03 lakhs in Q3FY26. This significant reduction contributed to the overall decrease in total income and subsequent losses.

Nine-Month Performance Analysis

Despite the quarterly setback, the nine-month performance presented a more balanced picture of the company's operational capabilities.

The nine-month results demonstrated revenue growth in operations, though overall profitability remained significantly lower than the previous year. The company maintained positive earnings despite the challenging quarter.

Expense Structure and Operational Metrics

The company's expense structure revealed several areas of concern during Q3FY26. Employee benefits expense increased to ₹301.39 lakhs from ₹288.88 lakhs in the corresponding previous quarter. Other expenses surged dramatically to ₹378.63 lakhs compared to ₹129.79 lakhs in Q3FY25, representing a substantial increase that significantly impacted profitability.

Total expenses for the quarter reached ₹733.95 lakhs versus ₹472.79 lakhs in the previous year, marking a 55.22% increase. This expense escalation, combined with reduced income, resulted in the quarterly loss.

Legal and Regulatory Challenges

The company continues to face several legal and regulatory matters that require ongoing attention:

• Arbitration Case: An amount of ₹36.77 lakhs remains recoverable from a Broker/Sub-broker for an unauthorized trade in the NSE F&O segment from earlier years. The matter is currently under appeal with the High Court following a favorable arbitral tribunal order.

• BSE Listing Issues: The company raised equity capital on May 23, 2025, through private placement of 3,96,159 equity shares at ₹154 per share. However, BSE returned the listing application citing concerns about Virtual Digital Assets deployment and speculative nature. An appeal has been filed before the Securities Appellate Tribunal, Mumbai.

Other Comprehensive Income Impact

The company reported significant other comprehensive loss of ₹384.52 lakhs in Q3FY26, primarily due to remeasurement of virtual digital assets resulting in a loss of ₹588.34 lakhs, partially offset by related income tax benefits of ₹196.41 lakhs. This contributed to a total comprehensive loss of ₹645.82 lakhs for the quarter.

Corporate Governance and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 10, 2026. The statutory auditors PYS & CO LLP conducted a limited review of the financial results and provided their review reports for both standalone and consolidated results.

The company operates primarily in a single business segment of IT training, particularly in hardware and networking education, with no reportable segments under Ind AS 108. The results reflect the company's continued focus on its core educational services while managing various operational and regulatory challenges.

Jetking Infotrain Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with significant strategic moves aimed at expanding its business operations.

Financial Performance

The company reported a substantial increase in its quarterly revenue from operations:

This 41.20% year-over-year growth demonstrates strong performance in the company's core operations.

Key Corporate Developments

New Company Secretary Appointment

Jetking Infotrain has appointed Ms. Supriya Kaduskar as the Company Secretary and Compliance Officer, effective November 6, 2025. Ms. Kaduskar, an Associate Member of the Institute of Company Secretaries of India with a Bachelor's Degree in Commerce from Mumbai University, brings two years of experience in the secretarial field to her new role.

Expansion Plans

The company's Board of Directors has approved proposals to incorporate two wholly-owned subsidiary companies:

1. Domestic Subsidiary: To be established in India, tentatively named Jetking Ventures Private Limited.
2. International Subsidiary: To be set up in the UAE, with the name Jetking UAE (subject to regulatory approval).

Both subsidiaries will focus on:

• Academic development and education
• Professional and skills development training
• Virtual digital assets trading
• Online learning platforms
• Franchise arrangements in electronics education
• Infrastructure as a Service (IaaS)

The maximum investment for each subsidiary is capped at Rs. 50 lakhs, with the acquisitions expected to be completed by March 31, 2026.

Legal Matters

The company disclosed ongoing legal issues:

1. An appeal with the High Court regarding Rs. 36.77 lakhs recoverable from a broker.
2. An appeal at the Securities Appellate Tribunal following BSE's return of the company's equity listing application.

These developments showcase Jetking Infotrain's efforts to expand its business model and geographical presence while navigating regulatory challenges. The significant revenue growth and strategic initiatives indicate the company's focus on strengthening its position in the education and technology sectors.