IGI

IGI India Shares Surge Over 6% After Robust Q Results

Written by Sonu

Shares of International Gemmological Institute (IGI India) surged over 6% following the announcement of its strong financial performance for the quarter results. The company reported a sharp 62.6% year-on-year (YoY) increase in net profit to ₹126.53 crore, driven by solid operational performance and sustained demand in the gem certification segment.

Revenue for the quarter rose 15.7% YoY to ₹300.91 crore, while EBITDA saw a significant 37% growth, reflecting improved margins and operational efficiency.

The impressive earnings have boosted investor sentiment, with the stock reacting positively in intraday trade. IGI India’s robust quater performance highlights its strong market position and the growing demand for certified gemstones and jewelry in both domestic and international markets.

Leave a Reply

Your email address will not be published. Required fields are marked *

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .