Commercial Services company International Gemological Institute announced Q1CY26 results Consolidated Financial Highlights: Revenue from operations: Q1CY26: Rs 2,962.78 million compared to Rs 2,342.01 million in Q4FY25 (YoY increase of 26.50%). Compared to Q3FY26 (Rs 2,470.45 million), this reflects a QoQ increase of 19.93%. Financial Year (fifteen months) ended March 31, 2026: Rs 12,524.22 million. Profit before tax: Q1CY26: Rs 2,303.79 million compared to Rs 1,876.36 million in Q4FY25 (YoY increase of 22.78%). Compared to Q3FY26 (Rs 1,809.84 million), this reflects a QoQ increase of 27.29%. Financial Year (fifteen months) ended March 31, 2026: Rs 9,622.45 million. Profit after tax: Q1CY26: Rs 1,742.31 million compared to Rs 1,391.43 million in Q4FY25 (YoY increase of 25.22%). Compared to Q3FY26 (Rs 1,314.97 million), this reflects a QoQ increase of 32.50%. Financial Year (fifteen months) ended March 31, 2026: Rs 7,214.78 million. Earnings per share (Basic): Q1CY26: Rs 4.03 compared to Rs 3.22 in Q4FY25 (YoY increase of 25.16%). Compared to Q3FY26 (Rs 3.04), this reflects a QoQ increase of 32.57%. Financial Year (fifteen months) ended March 31, 2026: Rs 16.69. Standalone Financial Highlights: Revenue from operations: Q1CY26: Rs 2,962.78 million compared to Rs 2,342.01 million in Q4FY25 (YoY increase of 26.50%). Compared to Q3FY26 (Rs 2,470.45 million), this reflects a QoQ increase of 19.93%. Financial Year (fifteen months) ended March 31, 2026: Rs 12,524.22 million. Profit before tax: Q1CY26: Rs 2,303.79 million compared to Rs 1,876.36 million in Q4FY25 (YoY increase of 22.78%). Compared to Q3FY26 (Rs 1,809.84 million), this reflects a QoQ increase of 27.29%. Financial Year (fifteen months) ended March 31, 2026: Rs 9,622.45 million. Profit after tax: Q1CY26: Rs 1,742.31 million compared to Rs 1,391.43 million in Q4FY25 (YoY increase of 25.22%). Compared to Q3FY26 (Rs 1,314.97 million), this reflects a QoQ increase of 32.50%. Financial Year (fifteen months) ended March 31, 2026: Rs 7,214.78 million. Earnings per share (Basic): Q1CY26: Rs 4.03 compared to Rs 3.22 in Q4FY25 (YoY increase of 25.16%). Compared to Q3FY26 (Rs 3.04), this reflects a QoQ increase of 32.57%. Financial Year (fifteen months) ended March 31, 2026: Rs 16.69. Business Highlights: Segment Performance: The company operates in a single operating segment of certification of diamonds, gemstones, and jewellery and related education. Change in Financial Year: The company changed its financial year to commence on April 1 and end on March 31. Consequently, the current financial year is a transitional period of 15 months (January 1, 2025, to March 31, 2026). IPO Proceeds: The company fully utilized the net IPO proceeds of Rs 14,097.40 million by March 31, 2026, for the acquisition of the IGI Belgium and IGI Netherlands Groups and for general corporate purposes. Corporate Developments: On January 31, 2026, the Board approved an infusion of Rs 813.78 million into its wholly-owned subsidiary, International Gemmological Institute BV (IGI Belgium), which was subsequently invested in IGI USA to acquire a 100% equity stake in AGL Holdco Inc., USA for USD 13.2 million. Tehmasp Printer, Managing Director & CEO, IGI said: “During the quarter, we completed the acquisition of AGL, marking an important strategic milestone in IGI’s growth journey. The acquisition strengthens our global footprint, enhances our capabilities within the high-potential colored stone certification segment, and further diversifies our service portfolio beyond diamonds. We see strong synergistic potential through operational integration, complementary client relationships, cross-selling opportunities, and deeper engagement across the value chain. Over time, we believe this acquisition will further strengthen IGI’s ability to scale globally, expand into adjacent growth segments, and reinforce its positioning as a leading diversified certification platform.” “In parallel, we continue to integrate technology and operational excellence across the organization. Our ongoing efforts around the integration of AI and machine learning are focused on enhancing service quality, improving turnaround times, driving operational efficiencies, and creating a more scalable and streamlined operating model. We believe these investments will further strengthen our customer experience and support sustainable long-term growth.” Result PDF