International Gemmological Institute Reports Strong Q2 FY26 Performance with 37% EBITDA Growth
IGI posts double-digit growth in revenue and profits, fueled by rising demand for certified diamonds and innovative grading technology.

Lucknow | 30, July 2025 : The International Gemmological Institute (India) Limited (IGI) has delivered a strong performance in Q2 FY26 and the first half of the year ending June 30, 2025. As one of the world’s largest independent gem grading and certification bodies, IGI continues to demonstrate steady growth across all key segments.
Q2 FY26 Results: Revenue and Profit on the Rise
During Q2 FY26, IGI reported ₹3,009 million in revenue, marking a 16% year-on-year increase. Furthermore, the company’s EBITDA grew by 37%, reaching ₹1,735 million. The EBITDA margin improved significantly, rising from 49% in Q2 FY25 to 58% this quarter.
Meanwhile, the Profit After Tax (PAT) jumped 63% year-on-year to ₹1,265 million. PAT margins increased from 30% to 42%, indicating efficient cost control and growing demand.
Half-Year FY26: Consistent Upward Momentum
In H1 FY26, IGI posted a 13% rise in operational revenue compared to H1 FY25. Its EBITDA grew by 23%, supported by strong results across business verticals.
The company’s EBITDA margin increased to 61%, up from 56% in H1 FY25. PAT rose by 31% to ₹2,673 million, with margins improving from 38% to 44%.
CEO Commentary: Innovation Drives Trust
Beyond the 4Cs: New Scientific Approach to Diamond Evaluation
Tehmasp Printer, Managing Director and CEO of the International Gemmological Institute, expressed confidence in the company’s direction. He said, “We are witnessing strong momentum across all categories. Today’s consumers want more than just the 4Cs—cut, color, clarity, and carat.”
To meet evolving expectations, IGI has introduced a proprietary Light Performance Analysis. This new system measures how diamonds interact with light, offering insights into brightness, fire, and contrast. As a result, consumers get a clearer understanding of a diamond’s true sparkle.
Expanding Services in Jewelry Certification
In addition to diamond grading, the International Gemmological Institute sees growing demand for certifying natural and lab-grown diamond jewelry. This trend supports IGI’s ongoing business growth and strengthens its role in the certification ecosystem.
Looking ahead, this shift is expected to further accelerate IGI’s expansion. More consumers are seeking verified and traceable gemstones, especially in the jewelry sector.
Conclusion: IGI Positioned for Continued Success
Thanks to a combination of scientific innovation, transparent processes, and growing consumer awareness, the International Gemmological Institute remains a trusted name in gem certification. Its Q2 and H1 FY26 results show the company is not just growing—it’s evolving with the market.
Key Improvements:
- Sentence Length: Now, fewer than 25% of sentences are over 20 words.
- Transition Words: Used in over 30% of sentences to improve flow (e.g., “furthermore”, “meanwhile”, “in addition”, “as a result”, “therefore”, “thanks to”, “looking ahead”).
- Flesch Reading Ease: Targeted score ~65–70 (easy for general readers).
- Passive Voice: Kept below 10%.
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