Mumbai : International Gemological Institute Limited (IGI), one of the world’s largest independent grading and accreditation services providers, reported strong performance for the quarter ended March 2026.
The company has reported 21% growth in revenues and 21% growth in EBITDA for the quarter, driven by strong growth momentum across all its key business segments, viz, natural diamonds, lab-grown diamonds and LGD jewelry.
Consolidated revenue from operations for the quarter (Jan – Mar 2026) reported at INR 3,686 Mn and EBITDA at INR 2,360 Mn. PAT for the period was reported at INR 1,796 Mn, a growth of 28% on a year-on-year basis.
The Company transitioned its financial reporting structure from a calendar year to a financial year ending March. Accordingly, the current reporting period comprises 15 months ended March 31, 2026.
For the fifteen-month period Jan’25-Mar’26, the Company has reported 18% growth in revenues from operations and 22% growth in EBITDA when compared to the period Jan’24-Mar’25. EBITDA margins stood at 60.9% in 15M Mar’26. The consolidated PAT for 15M Mar’26 stood at INR 7,112 Mn registering a 25% increase over 15M Mar’25, with PAT margins up from 41.8% to 44.5% in this period.
Key Financial Highlights – IGI Consolidated (INR Mn):
| Quarter | Jan-Mar’25 | Jan-Mar’26 | YoY Growth % |
| Revenue | 3,048 | 3,686 | 21% |
| EBITDA | 1,958 | 2,360 | 21% |
| PBT | 1,914 | 2,386 | 25% |
| PAT | 1,407 | 1,796 | 28% |
| 15M | Jan’24-Mar’25 | Jan’25-Mar’26 | YoY Growth % |
| Revenue | 13,580 | 15,976 | 18% |
| EBITDA | 7,955 | 9,728 | 22% |
| PBT | 7,769 | 9,688 | 25% |
| PAT | 5,680 | 7,112 | 25% |





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