IGI India Stock Price Rises 8.5% After Strong Q3 Performance

Mumbai, November 6, 2025: International Gemmological Institute (India) Ltd’s share price surged 8.5% to ₹363 as of 11 a.m., following the company’s strong Q3 financial results for the quarter ended September 30, 2025. Over the past six months, the stock has gained 10.44%, with a 3.46% rise in the past month and 7% in the last five days, reflecting growing investor confidence.

International Gemmological Institute (India) Ltd is India’s largest independent authority in gem and jewelry certification. With the Global IGI network, supported by Blackstone, IGI holds more than 50% market share within India’s certification landscape. IGI provides efficient and trustworthy services to the diamond, gemstone and jewelry market.

The Rally is Fueled by Strong Q3CY25 Performance

International Gemmological Institute (India) Ltd reported a 21% year-on-year increase in revenue for Q3CY25, rising to ₹3,037 million from ₹2,501 million in the same quarter last year. EBITDA grew 20% to ₹1,763 million, while PBT rose 19% to ₹1,755 million. Net profit (PAT) climbed 18% to ₹1,298 million from ₹1,096 million in Q3CY24.

For the nine months ended September 2025, revenue increased 15% to ₹9,094 million, and PAT surged 27% to ₹3,971 million. The EBITDA margin improved from 57% to 60%, reflecting enhanced operational efficiency.

What Does the Management Say?

Tehmasp Printer, MD and CEO of IGI India, stated that the company achieved a 26% growth in report volume during the quarter, which contributed to the 21% revenue increase. He added that strong festive demand boosted performance across categories, despite broader macroeconomic challenges, giving the company confidence in sustaining robust revenue and EBITDA growth for the remainder of the year.

IGI Leverages Global Network to Deepen Market Reach

The Indian diamond and jewellery certification industry continues to see strong growth. This is fuelled by the fact that an increasing number of consumers opt for laboratory-grown diamonds and independent certifications.

IGI further strengthened its leadership in both natural and lab-grown diamond certification, recording over 25% growth in volumes during the quarter. The company operates 31 laboratories and 18 Schools of Gemology across 10 countries. It intends to leverage this global presence in expanding its share in both the Indian and overseas markets.

REF: https://nsearchives.nseindia.com/corporate/IGIINDIA_05112025165422_SEPressRelease05112025.pdf

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