Goldiam International Limited — Updates, 07-02-2025: Press Release

Consolidated revenue for Goldiam International surged 41% YoY in Q3 FY25, reaching ₹2880 million, driven by pending Q2 sales, increased festive demand in the USA, and enhanced customer wallet share. The nine-month revenue also posted a 29% YoY increase, totaling ₹5988 million. Operating profit (EBITDA) for Q3 climbed 62% YoY to ₹708 million, with a margin expansion to 24.6%. Profit after tax (PAT) rose by 54% YoY to ₹498 million, bolstered by strong exports of lab-grown diamond jewelry, which constituted 80% of revenue.

The company has successfully expanded its retail brand ORIGEM, now operating three stores in Mumbai, with plans to open three additional stores by March 2025. The positive consumer response and robust order book of approximately ₹1750 million, expected to be fulfilled in 3-4 months, signal strong growth potential. Goldiam's management expresses confidence in the sustainable growth trajectory, particularly within the lab-grown diamond segment, which shows increasing consumer acceptance.