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Q3 Results

International Gemmological Institute posts 11.6% profit in Jan-Mar qtr

Q3 Results

Q3 Results
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22 April 2025 1:47 PM IST

New Delhi: International Gemmological Institute (India) Ltd (IGI) on Monday posted an 11.60 per cent rise in its consolidated net profit at Rs140.7 crore in the first quarter of the 2025 calendar year. Its net profit stood at Rs126.07 crore in the year-ago period, according to a regulatory filing. Total revenue rose to Rs313.21 crore during the quarter ended March 2025, from Rs290.43 crore a year ago. IGI Managing Director and CEO Tehmasp Printer said, "The business on a consolidated basis has done exceptionally well, with 15 per cent growth in revenues and 29 per cent growth in EBITDA compared to Q4 of 2024." The company is witnessing a strong demand for certification of natural diamond and lab-grown diamond jewellery, which will further accelerate growth in the quarters to come, he said.

IGI India diamond certification Q1 2025 earnings lab-grown diamonds Tehmasp Printer 
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