IGI Q2 revenue rises 31% and PAT grows 43%
As filed · International Gemological Institute Limited has informed the Exchange regarding a press release dated October 21, 2026, titled "Press Release".
What happened
FactIGI reported consolidated Q2 FY27 revenue of INR 3,980 Mn, up 31% year-on-year, and PAT of INR 1,858 Mn, up 43%. EBITDA rose 39% to INR 2,445 Mn, while EBITDA margin expanded to 61.4% from 58.0%; report volumes increased 26% to 4.35 Mn.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnWe remain confident to deliver the 15% revenue growth and 20% EBITDA growth guidance that we had provided earlier.
We remain confident to deliver the 20% EBITDA growth guidance that we had provided earlier.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- Brand campaign initiated in January 2025, In India before we scale it up across geographies during the year (management committed by FY25)
- We remain confident to deliver the 15% revenue growth and 20% EBITDA growth guidance that we had provided earl (management committed by FY27)
Evidence
- International Gemological Institute Limited has informed the Exchange regarding a press release dated October 21, 2026, titled "Press Release".(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The company delivered both strong top-line growth and margin expansion, lifting Q2 profitability faster than revenue. Growth was reported across lab-grown diamonds, natural diamonds and colored gemstones, indicating broad-based demand trends.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%