0 months ago
IGI Q1 Profit Jumps 31%, Eyes Sustained Growth for FY27
IGI is a company that checks and certifies diamonds, jewellery and gemstones.
It held a special event in Mumbai to show investors how the company works.
At the event, IGI shared its results for the first three months of its financial year.
Its revenue went up by 23 percent compared with the same time last year.
Its profit after tax also went up, by 31 percent.
That means IGI earned more money than it did a year ago.
Visitors saw the IGI Certification Studio, where experts examine and grade gemstones.
They also watched a virtual reality show called "Mines to Market" that follows gemstones from mines to sale.
IGI's chief executive said the company started the year strong and hopes to keep growing.
IGI reported consolidated Q1 FY27 revenue of Rs 370.8 crore, up 23 percent year-on-year.
Profit after tax rose 31 percent year-on-year to Rs 165.7 crore during the quarter.
Growth was supported by higher business across loose stones, jewellery and coloured gemstones.
IGI Investor Day 2026 was held in Mumbai on 3 August 2026.
MD and Global CEO Tehmasp Printer said IGI is confident of sustaining its momentum through the year.
- Who
- IGI (International Gemological Institute), led by Managing Director and Global CEO Tehmasp Printer and Global CFO Eashwar Iyer.
- What
- Announced strong Q1 FY27 financial results, with revenue up 23 percent and profit after tax up 31 percent, and showcased its gemstone grading and certification operations at IGI Investor Day 2026.
- Where
- Mumbai.
- When
- 3 August 2026, covering the first quarter of fiscal year 2027 (Q1 FY27).
- Why
- Higher business across loose stones, jewellery and coloured gemstones drove growth, reflecting continued demand for IGI's grading and certification services.
Key facts
- Company
- International Gemological Institute (IGI)
- Event
- IGI Investor Day 2026
- Quarter
- Q1 FY27
- Consolidated revenue
- Rs 370.8 crore (up 23% year-on-year)
- Profit after tax
- Rs 165.7 crore (up 31% year-on-year)
- Growth drivers
- Loose stones, jewellery, coloured gemstones
- Key executives
- Tehmasp Printer (MD & Global CEO), Eashwar Iyer (Global CFO)
Quotes
Tehmasp Printer
Managing Director and Global Chief Executive Officer of IGI
“We remain confident of sustaining this momentum through the year.”
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