gemstone and jewelleryBusiness Overview: IGII provides certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry and colored stones. It also offers educational programs. It started its operations in Belgium and currently has a global network of 31 branches equipped with IGI labs across 10 countries and 18 schools of...
IGI Limited's subsidiary IGI Dubai approved consolidating control over IGI Botswana, a diamond grading & certification lab. This makes IGI Botswana a wholly-owned subsidiary, strategically expanding the company's presence in Botswana's diamond market. No acquisition cost or turnover involved yet.
IGIL (International Gemmological Institute (India) Limited) has changed its name to International Gemological Institute Limited. This simplifies the company's identity.
Company changed its name to International Gemological Institute Limited, previously International Gemmological Institute (India) Limited. This update, approved by authorities, alters foundational documents.
IGI is expanding into Saudi Arabia via a wholly-owned subsidiary, offering diamond, gemstone, and jewelry certification alongside gemology education. This strategic business development involves an initial investment of up to USD 150,000.
IGI reported strong results: latest quarter revenue +21% to 319.7 Cr, EBITDA +26% to 191.3 Cr. Full year revenue +17% to 1229.1 Cr, PAT +24% to 531.6 Cr. Growth was driven by all segments, including lab-grown diamonds, with improved margins.
