International Gemological Institute Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
IGIL · price
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IGI reported audited standalone revenue of Rs 12,524.22 million for the 15-month period ending March 2026 (compared to Rs 7,854.16 million for prior 12-month year). Consolidated revenue stood at Rs 15,976.50 million. PAT on consolidated basis increased significantly to Rs 7,117.97 million from Rs 1,580.30 million in the prior year. Note: The company changed its financial year from calendar year (ending December) to fiscal year (ending March), resulting in a 15-month reporting period (January 2025 to March 2026). The auditor MSKA & Associates LLP issued an unmodified opinion on both standalone and consolidated results. IPO proceeds of Rs 14,097.40 million have been fully utilized, primarily for acquisition of IGI Belgium Group and IGI Netherlands Group. The company also acquired AGL HoldCo Inc. in the USA for USD 13.2 million during the period.
Strong financial performance with significant revenue and profitability growth, though comparisons are distorted by the 15-month reporting period. Clean audit opinion with no going concern issues indicates financial health.