International Gemological Institute Limited (IGI) has announced a stellar performance for the quarter ended March 31, 2026. The company reported a 21% year-on-year increase in both revenue and EBITDA, driven by strong momentum in its natural diamond, lab-grown diamond, and jewelry certification segments. Consolidated revenue for the quarter reached INR 3,686 million, with Profit After Tax (PAT) witnessing a significant 28% growth to INR 1,796 million.
Quarterly Financial Performance
IGI has demonstrated significant financial momentum for the final quarter (Jan-Mar 2026). The company achieved a consolidated revenue of INR 3,686 million and an EBITDA of INR 2,360 million, both marking a 21% growth over the same period last year. Profitability also surged, with the company recording a PAT of INR 1,796 million, reflecting a robust 28% year-on-year increase.
15-Month Fiscal Performance
Following its transition to a new financial year ending in March, the company reported results for the 15-month period ending March 31, 2026. During this window, IGI achieved INR 15,976 million in revenue, an 18% growth compared to the previous 15-month cycle. EBITDA margins remained strong at 60.9%, while the consolidated PAT rose by 25% to INR 7,112 million, with PAT margins improving to 44.5%.
Strategic Milestones and Outlook
Managing Director and CEO Tehmasp Printer highlighted the successful acquisition of AGL as a pivotal move to diversify into the high-potential colored stone certification market. The integration of AI and machine learning continues to be a core focus, aimed at enhancing operational efficiencies and reducing turnaround times. IGI remains well-positioned to leverage the global shift toward certified diamonds and the rising demand for lab-grown diamond verification as it expands its footprint across its global network of 36 laboratories.
Source: BSE
