International Gemmological Institute (India) Ltd (IGI) on Tuesday, July 29, reported a 62.6% year-on-year jump in consolidated net profit to ₹126.5 crore for the quarter ended June 30, 2025, led by robust growth in certification volumes and improved operating efficiency.Revenue rose 15.8% to ₹301 crore from ₹260 crore in the same quarter last year. EBITDA surged 36.8% to ₹173 crore, while margins expanded to 57.5% from 48.7% a year ago, driven by operating leverage and lower employee benefit expenses.
The number of certification reports issued rose 21% YoY to 3.03 million. Revenue from the lab-grown diamond (LGD) loose stone segment saw the highest growth at 24%, while natural diamond loose stones rose 14%.
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Average realised price, however, slipped 3% due to a shift in product mix.Profit after tax margin rose sharply to 42% from 29.9% in the year-ago quarter, aided by the strong operating performance. IGI’s management attributed the gains to continued demand for its certification services, particularly in the LGD segment, and disciplined cost control.
The number of certification reports issued rose 21% YoY to 3.03 million. Revenue from the lab-grown diamond (LGD) loose stone segment saw the highest growth at 24%, while natural diamond loose stones rose 14%.
Also Read: Piramal Enterprises Q1 Results | Net profit zooms 52% to ₹276 crore on strong lending growth
Average realised price, however, slipped 3% due to a shift in product mix.Profit after tax margin rose sharply to 42% from 29.9% in the year-ago quarter, aided by the strong operating performance. IGI’s management attributed the gains to continued demand for its certification services, particularly in the LGD segment, and disciplined cost control.
Also Watch | Tehmasp Printer, MD & CEO and Eashwar Iyer, Chief Financial Officer, International Gemmological Institutediscuss the April-June 2025 (Q1FY26) figures in an interview with CNBC-TV18.
The shares of the company ended 2% in the green on Tuesday, July 29. The stock has fallen over 31% in the year so far.
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(Edited by : Shoma bhattacharjee)
