Conference Call with International Gemmological Institute (India) Management and Analysts on Q1CY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Misc. Commercial Services company International Gemmological Institute (India) announced Q1CY25 results Revenue: Rs 3,048 million compared to Rs 2,780 million during Q1CY24, change 10%. EBITDA: Rs 1,957 million compared to Rs 1,734 million during Q1CY24, change 13% PBT: Rs 1,915 million compared to Rs 1,711 million during Q1CY24, change 12%. PAT: Rs 1,407 million compared to Rs 1,261 million during Q1CY24, change 12%. Tehmasp Printer, Managing Director & CEO, IGI said: “I am happy to report the Company has seen strong growth momentum across all its segments compared to previous quarter as well as first quarter of last financial year. The business on a consolidated basis has done exceptionally well, with 15% growth in revenues and 29% growth in EBITDA compared to Q4CY24. Along with our core segments of natural diamond certification and lab-grown diamond certification, we are also seeing a strong demand for certification of natural diamond and lab-grown diamond jewellery, which will further accelerate the growth of our business in the quarters to come. We are rapidly scaling up our capabilities, both in terms of recruitment of additional people and enhancement of laboratory capacity to support the strong momentum in growth across all our markets. We are also investing in process reengineering and technology in our business, to enhance efficiency and productivity and reduce the turnaround time for our services.” Result PDF