Editor’s Note
IGI, a global leader in gemstone certification, has reported strong Q3 2025 financial results, showcasing significant growth and resilience despite broader economic challenges.
International Gemmological Institute (India) Limited (IGI), a leading independent grading and accreditation services provider, has announced robust financial results for the third quarter of calendar year 2025 (Q3 CY25). The company reported significant growth across key financial metrics, demonstrating resilience in a challenging macroeconomic environment.
IGI’s consolidated performance for Q3 CY25 showed impressive year-on-year growth:
– Revenue from operations increased by 21% to INR 3,037.00 million
– EBITDA grew by 20% to INR 1,763.00 million
– Profit After Tax (PAT) rose by 18% to INR 1,298.00 million
For the nine months ended September 2025 (9M CY25), the company’s performance was equally strong:
– Revenue from operations grew by 15% to INR 9,094.00 million
– EBITDA increased by 22% to INR 5,454.00 million, with margins improving from 56.8% to 60.0%
– PAT surged by 27% to INR 3,971.00 million, with margins expanding from 39.8% to 43.7%
The company’s operational metrics showed significant improvement:
– Total certification volumes for Q3 CY25 reached 3.45 million reports, marking a 26% year-on-year growth
– Certification revenues grew by 20% year-on-year to INR 2,941.00 million in Q3 CY25
IGI witnessed growth across various segments:
– Natural Diamond (ND) loose stone segment: 29% year-on-year growth
– Lab-Grown Diamond (LGD) jewelry segment: 26% year-on-year growth
Tehmasp Printer, Managing Director and CEO of IGI, expressed satisfaction with the company’s performance, stating:
Mr. Printer added:
The global diamond and jewelry industry is undergoing a transformation, with evolving consumer preferences and technological advancements driving change. Key trends include:
– Rising disposable incomes in India and an expanding middle class
– Growing appeal of diamonds as a luxury investment
– Rapid adoption of Lab-Grown Diamonds (LGDs) due to affordability and sustainability factors
– Increasing demand for certified diamonds, gemstones, and jewelry beyond traditional markets
IGI’s multiple service delivery formats, including IGI Labs, In-factory Labs, and Mobile Labs, position the company to capitalize on these industry trends and reinforce its status as a preferred certification partner for the jewelry industry.
IGI’s strong Q3 CY25 performance, characterized by substantial growth in revenue, EBITDA, and PAT, reflects the company’s resilience and strategic positioning in the diamond and jewelry certification market. With a positive industry outlook and continued focus on innovation, IGI appears well-positioned for sustained growth in the coming quarters.
