IGI Reports Strong 18% Revenue Growth for 15 Months

International Gemological Institute Limited (IGI) has released its financial results for a 15-month period concluding on March 31, 2026. The company reported consolidated revenue of INR 15,976 million (₹1,597.60 crore), marking an 18% increase compared to the previous corresponding period. Consolidated Profit After Tax (PAT) saw a substantial 25% year-on-year growth, reaching INR 7,112 million (₹711.20 crore), with healthy profit margins of 45%.

For the fourth quarter of the fiscal year, January-March 2026, IGI also showed strong performance. Consolidated revenue for this quarter grew by 21% year-on-year to INR 3,587 million (₹358.70 crore), while PAT increased by 28% year-on-year to INR 1,796 million (₹179.60 crore).

These results indicate a positive trajectory for IGI, demonstrating its ability to grow revenue and profitability amidst evolving market conditions. The significant growth in PAT, coupled with strong margins, suggests operational efficiency and effective market positioning. The company's transition to an April-March reporting period is now complete.

IGI is well-positioned to capitalize on the growing demand in the Lab Grown Diamond (LGD) market. The company’s operational scale and market presence are key advantages in this expanding segment.

With the transition to the April-March financial year complete, investors can expect future results to align with this new reporting cycle. The company's focus on the LGD market is expected to be a key driver of future growth.

IGI acknowledges that forward-looking statements are subject to inherent risks and uncertainties. These include potential fluctuations in the Indian and international economies, the overall health of the diamond industry, competitive pressures, and challenges in implementing strategic initiatives. Changes in market preferences and technological advancements also pose potential risks.

While specific peer financial data was not provided, IGI's reported strong margins of 45% consolidated PAT margin for the 15-month period and 49% for the quarter suggest competitive performance within the gemological services sector. The company's focus on LGD certification is a key differentiator.

Key Metrics (15 months ended March 31, 2026):

• Consolidated Revenue: INR 15,976 Mn (₹1,597.60 cr)
• Consolidated PAT: INR 7,112 Mn (₹711.20 cr)
• Certification Volumes: 16.45 Mn reports

Investors should monitor IGI's performance in the rapidly growing Lab Grown Diamond market and any further strategic announcements. Continued revenue and profit growth, especially in the LGD segment, will be key indicators.