Outcome of the Meeting of Board of Directors of the Company held on May 20, 2026
IGIL · price
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International Gemological Institute (IGI) reported strong audited financial results for the 15-month period ending March 31, 2026 (due to fiscal year change from December to March year-end). On consolidated basis, revenue from operations grew to Rs 15,976.50 million from Rs 10,531.60 million in the prior 12-month period, while PAT increased to Rs 7,117.97 million from Rs 3,933.79 million. Standalone revenue was Rs 12,524.22 million with PAT of Rs 7,214.74 million. The company completed an acquisition of AGL Holdco Inc., USA for USD 13.2 million through its Belgium subsidiary. Statutory auditors MSKA & Associates issued an unmodified (clean) opinion on both standalone and consolidated financial statements. The fiscal year was changed from calendar year to April-March, resulting in this 15-month reporting period.
The company demonstrates strong revenue growth and profitability expansion, with PAT growing faster than revenue indicating margin improvement. The clean audit opinion and acquisition activity are positive signals for investors.