International Gemmological Institute (IGI) India reported robust performance for FY25, marked by a 21% volume growth and significant improvements in profitability. Revenue from certification reached INR 11,878 Mn, driven by strong demand in both natural and lab-grown diamond segments. The company’s strategic focus on efficiency and scale has led to a 24% increase in Group PAT, demonstrating its strong market position.
Financial Highlights for FY25
IGI India showcased substantial growth in its FY25 results, driven by a combination of volume increases and strategic market positioning. Key highlights include:
- Volume Growth: Delivered 21% volume growth in 12M 2025.
- Revenue: Certification revenue for the 12M period stood at INR 11,878 Mn, reflecting an 18% year-over-year increase.
- EBITDA: Group EBITDA reached INR 7,367 Mn, implying a 23% YoY growth with a 59.9% EBITDA margin.
- PAT: Group PAT reported at INR 5,316 Mn, a 24% YoY growth with a 43.3% EBITDA margin.
Q4 2025 Performance
The final quarter of 2025 also demonstrated strong financial health and operational efficiency:
- Revenue Growth: Certification revenue grew by 23% YoY, reaching INR 3,049 Mn.
- EBITDA Growth: EBITDA for Q4 2025 stood at INR 1,913 Mn, a 26% YoY growth.
- Volume: Total certification volumes for the quarter were 3.21 Mn reports, up 11% YoY.
Segment Performance
Growth was primarily driven by the Natural Diamond (ND) and Lab-Grown Diamond (LGD) segments. The LGD jewelry segment also gained traction due to the entry of new players and retail expansion.
Strategic Outlook
IGI is well-positioned to capitalize on the increasing demand for diamond certification, driven by the industry’s transition towards greater transparency. The company’s market leadership, especially in the LGD segment, provides a strong foundation for sustained growth.
Source: BSE
