International Gemological Institute544311Quarterly results
Board approves unaudited standalone and consolidated Q2 and H1 results; audit review conclusion unmodified
The Board met on 21 October 2026 (2:45 p.m. to 3:45 p.m. IST) and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 3,980.24 | 3,037.37 | +31% | 3,707.76 | +7.3% |
| Total income | 4,168.33 | 3,162.08 | +31.8% | 3,866.16 | +7.8% |
| Profit before tax | 2,456.17 | 1,754.85 | +40% | 2,228.06 | +10.2% |
| Profit after tax | 1,858.44 | 1,297.93 | +43.2% | 1,657.36 | +12.1% |
| Total comprehensive income | 1,979.21 | 1,375.39 | +43.9% | 1,699.16 | +16.5% |
| Basic EPS | 4.30 | 3.00 | +43.3% | 3.84 | +12% |
- Total income
- Latest 4,168.33; Year ago 3,162.08 (+31.8%); Prev qtr 3,866.16 (+7.8%)
- Profit after tax
- Latest 1,858.44; Year ago 1,297.93 (+43.2%); Prev qtr 1,657.36 (+12.1%)
- Period
- 30 September 2026
Auditor's review
Conclusion: Unmodified
- Other matter: interim financial information of eleven subsidiaries not reviewed by their auditors, certified by management (total revenue Rs. 178.27 million for the quarter); conclusion not modified.
Notes to the results
- Previous financial year was fifteen months (01 January 2025 to 31 March 2026) due to transition to uniform financial year; comparative six months figures derived by adding published quarters.
Auditor's conclusion
MSKA & Associates reviewed both the consolidated and the standalone unaudited results for the quarter and half year ended 30 September 2026. They stated that nothing came to their attention that causes them to believe the statements contain any material misstatement or miss a required disclosure. A review is narrower in scope than a full audit, so the firm does not express an audit opinion.
Consolidated performance, quarter ended 30 September 2026 (Rs. million)
- Revenue from operations: 3,980.24, against 3,037.37 in the quarter ended 30 September 2025.
- Total income: 4,168.33, against 3,162.08.
- Profit before tax: 2,456.17, against 1,754.85.
- Profit for the period: 1,858.44, against 1,297.93.
- Basic earnings per share (face value Rs 2 each): 4.30, against 3.00.
Consolidated performance, six months ended 30 September 2026 (Rs. million)
- Revenue from operations: 7,688.00, against 6,046.49.
- Total income: 8,034.49, against 6,308.21.
- Profit before tax: 4,684.23, against 3,504.54.
- Profit for the period: 3,515.80, against 2,563.25.
- Basic earnings per share: 8.14, against 5.92.
Where the revenue came from, quarter ended 30 September 2026 (Rs. million)
- Within India: 2,918.99.
- Outside India: 1,061.25.
- Total: 3,980.24.
Balance sheet as at 30 September 2026 (Rs. million)
- Total assets: 21,650.67, against 18,578.36 as at 31 March 2026.
- Total equity: 17,509.95, against 14,879.96.
- Total liabilities: 4,140.72, against 3,698.40.
- Cash and cash equivalents: 1,302.93, against 816.30.
Cash flow, six months ended 30 September 2026 (Rs. million)
- Net cash generated from operating activities: 4,156.70.
- Net cash used in investing activities: 2,574.26.
- Net cash used in financing activities: 1,296.86, which includes dividend paid of 1,102.01.
Points that shape how to read these numbers
- The statement covers the holding company and seventeen direct and indirect subsidiaries, including entities in Turkey, the Netherlands, Israel, the UAE, Hong Kong, Thailand, the USA, mainland China and Botswana.
- Eleven subsidiaries' interim financial information was certified by the holding company's management rather than reviewed by the auditors. That information reflects total assets of Rs. 1,736.35 million and total revenue of Rs. 178.27 million and Rs. 339.11 million for the quarter and the six months respectively, and the auditors' conclusion is not modified on this account.
- The comparative six months ended 30 September 2025 is arrived at by adding the published unaudited figures for the quarters ended 30 June 2025 and 30 September 2025. The previous financial year ran for fifteen months, from 1 January 2025 to 31 March 2026, as the company moved to a uniform financial year.
- The group reports a single segment, so the results reflect one business: certification of diamonds, gemstones and jewellery, plus related education.
₹3,515.80 MnConsolidated Profit for the period, six months ended (Rs. million
Consolidated Profit for the period, (Rs. million₹1,858.44 Mn
Profit after tax, quarter1,657.36 (Rs million)
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More numbers
- Consolidated Revenue from operations, six months ended 30 Sep 2026 (Rs. million)7,688.00
- Consolidated Profit for the period, six months ended 30 Sep 2026 (Rs. million)3,515.80
- Consolidated Total assets as at 30 Sep 2026 (Rs. million)21,650.67
- Consolidated Total equity as at 30 Sep 2026 (Rs. million)17,509.95
- Total income, latest quarter4,168.33 (Rs million)
- Total income, year-ago quarter3,162.08 (Rs million)
- Total income, previous quarter3,866.16 (Rs million)
- Total comprehensive income, latest quarter1,979.21 (Rs million)
- Total comprehensive income, year-ago quarter1,375.39 (Rs million)
- Total comprehensive income, previous quarter1,699.16 (Rs million)
- Profit after tax, latest quarter1,858.44 (Rs million)
- Profit after tax, year-ago quarter1,297.93 (Rs million)
- Profit after tax, previous quarter1,657.36 (Rs million)
- Revenue from operations, latest quarter3,980.24 (Rs million)
- Revenue from operations, year-ago quarter3,037.37 (Rs million)
- Revenue from operations, previous quarter3,707.76 (Rs million)
- Profit before tax, latest quarter2,456.17 (Rs million)
- Profit before tax, year-ago quarter1,754.85 (Rs million)
- Profit before tax, previous quarter2,228.06 (Rs million)
Source: BSE · 21 Oct 2026
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