Mumbai: The International Gemmological Institute (IGI), India’s leading independent gem certification authority, has reported a robust financial performance for the quarter ending June 30, 2025.
International Gemmological Institute achieved a 16% year-on-year growth in revenue, reaching ₹3,009 million, and a remarkable 37% increase in EBITDA, which stood at ₹1,735 million. The EBITDA margin improved to 58%, up from 49% in the same quarter last year.
Profit after tax (PAT) witnessed a 63% surge to ₹1,265 million in Q2 2025, with PAT margins increasing to 42% from 30% in Q2 2024.
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For the half-year period ending June 2025, the company reported 13% growth in revenue and 23% growth in EBITDA compared to H1 2024, with EBITDA margins rising to 61%.
International Gemmological Institute: Sustained Demand Across Major Verticals
The growth is attributed to sustained demand across IGI’s major verticals – natural diamonds, lab-grown diamonds, gemstones, and certified diamond jewelry.
The company’s innovations such as its proprietary Light Performance Analysis – a scientific approach to evaluating a diamond’s brilliance and optical properties – continue to elevate IGI’s market leadership.
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Tehmasp Printer, Managing Director and CEO, stated, “Today’s consumers demand transparency, traceability, and authenticity. At IGI, we go beyond the traditional 4Cs with advanced technology to meet these expectations and ensure informed decision-making.”
With a 50% market share in India and a global footprint spanning 31 laboratories and 18 gemology schools in 10 countries, IGI remains a critical enabler of quality and trust in the global gemstone and jewelry ecosystem.