International Gemmological Institute (India) Limited — Investor Meet, 12-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

IGI (International Gemmological Institute) reported robust Q3 CY25 results. Revenue grew 21% YoY to INR 304 Cr, with volumes up 26%. EBITDA rose 20% to INR 176 Cr (58% margin), and PAT increased 18% to INR 130 Cr. For 9M CY25, revenue was INR 909 Cr (15% growth) and EBITDA INR 545 Cr (22% growth, 60% margin). Management is confident in achieving full-year guidance, highlighting strong domestic demand and a positive long-term view on Lab-Grown Diamonds. Realization per report saw a minor dip due to product mix, but pricing is stable. IGI maintains a confident outlook.