International Gemmological Institute (India) Ltd's Q3FY25 Quarter Results
- 01 Mar 2025
Result Summary
- International Gemmological Institute (India) Ltd reported a 7.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 6.9%.
- Its expenses for the quarter were up by 11.6% QoQ and down 10.3% YoY.
- The net profit increased 3.8% QoQ and increased 45.1% YoY.
- The earnings per share (EPS) of International Gemmological Institute (India) Ltd stood at 2.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 276.87 | 258.70 | 259.07 | 7.0% | 6.9% |
Total Expenses | 124.09 | 111.24 | 138.36 | 11.6% | -10.3% |
Profit Before Tax | 152.78 | 147.46 | 120.71 | 3.6% | 26.6% |
Tax | 39.00 | 37.86 | 42.28 | 3.0% | -7.8% |
Profit After Tax | 113.78 | 109.60 | 78.43 | 3.8% | 45.1% |
Earnings Per Share | 2.70 | 2.80 | 2.00 | -3.6% | 35.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
International Gemmological Institute (India) Ltd is a prominent entity within the gem and jewelry sector, known for providing expert certification and grading services for gemstones and jewelry. The company operates within the broader field of gemology and contributes significantly to the authenticity and valuation of precious stones. While detailed recent developments specific to the company are not available, the industry itself is characterized by trends in luxury goods consumption and international trade dynamics. The company plays a crucial role in enhancing trust and transparency in the gem market by delivering reliable and scientifically-backed evaluations.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), International Gemmological Institute (India) Ltd reported total income of ₹276.87 crores. This represents an increase of 7.0% from the previous quarter (Q2FY25), where total income was ₹258.70 crores, and a year-over-year (YoY) increase of 6.9% compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹259.07 crores. The increase in revenue both quarterly and annually indicates a strong performance in terms of income generation, reflecting the company’s ability to maintain and grow its business operations over time.
Profitability
In Q3FY25, the company's profit before tax was ₹152.78 crores, marking a quarter-over-quarter (QoQ) increase of 3.6% from ₹147.46 crores in Q2FY25, and a year-over-year (YoY) increase of 26.6% from ₹120.71 crores in Q3FY24. The tax expense for Q3FY25 was ₹39.00 crores, which is a 3.0% increase QoQ but a 7.8% decrease YoY. Consequently, the profit after tax amounted to ₹113.78 crores in Q3FY25, increasing by 3.8% QoQ and 45.1% YoY from ₹78.43 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 stood at ₹2.70, reflecting a decrease of 3.6% QoQ from ₹2.80 in Q2FY25, while representing a 35.0% increase YoY from ₹2.00 in Q3FY24.
Operating Metrics
The total expenses for International Gemmological Institute (India) Ltd in Q3FY25 were ₹124.09 crores, which is an 11.6% increase from the previous quarter's expenses of ₹111.24 crores, but a 10.3% decrease from the expenses in Q3FY24, which were ₹138.36 crores. This indicates an overall decrease in expenses on a year-over-year basis despite the quarterly increase. The company's ability to manage its costs effectively while increasing its total income contributes to its profitability. However, specific financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio cannot be calculated from the provided data, as additional information like market price per share, total debt, and current assets or liabilities are necessary for these calculations.
