International Gemmological Institute (India) Limited — Results, 04-08-2025: Integrated Filing- Financial

IGI has reported robust financial results for the quarter and half-year ended June 30, 2025.

**Revenue Performance:** For Q1 FY26, total revenue from operations rose 15.74% YoY to Rs 300.91 Cr. Half-year revenue reached Rs 605.70 Cr, up 12.57% YoY. The company operates in a single segment: diamond/gemstone certification and related education.

**Profitability and EPS:** Net profit for Q1 surged 62.56% YoY to Rs 126.53 Cr, with H1 net profit at Rs 267.26 Cr, a 31.06% increase. Basic EPS stood at Rs 2.92 for Q1 and Rs 6.18 for H1. Profit before tax (PBT) margins expanded significantly from 43.85% to 58.14% in Q1.

**Operational Costs:** Employee benefits expense and depreciation costs both saw a YoY decrease in Q1, showcasing improved operational efficiency and directly boosting profitability.

**Balance Sheet / Cash Flow Health:** Total liabilities reduced, and other equity increased, indicating a healthier balance sheet. While cash & equivalents declined, this was due to substantial investment in fixed deposits and dividend payouts, underpinned by strong cash generation from operations (Rs 253.46 Cr in H1). IPO proceeds were primarily used for the acquisition of IGI Belgium/Netherlands Group.

**Management Commentary / Strategic Outlook:** The recent incorporation of a new indirect subsidiary in Dubai highlights the company's focus on international expansion and strengthening its global footprint in the certification and education space.

**Final Takeaway:** IGI demonstrates strong financial performance with impressive profit growth driven by efficiency gains and a clear strategic direction for international growth.