Shares of International Gemmological Institute (IGI) rallied more than 6% in early trade on May 21 after the company reported a strong set of March quarter (Q4FY26) earnings, supported by healthy growth in revenue and profitability.

As of 9:34 AM, IGI shares were trading near the day’s high after opening at Rs 359 against the previous close of Rs 352.30. The stock touched an intraday high of Rs 375.80 and a low of Rs 359.00. Live trading volume stood at over 17.02 lakh shares.

IGI reported a 20.9% year-on-year rise in consolidated revenue to Rs 369 crore in Q4FY26, compared to Rs 305 crore in the corresponding quarter last year. EBITDA increased 20.5% to Rs 236 crore from Rs 196 crore a year ago.

The company’s EBITDA margin remained largely stable at 64.0% versus 64.2% in the year-ago quarter, indicating steady operational performance despite higher scale. Net profit for the quarter rose 27.6% year-on-year to Rs 180 crore, compared to Rs 141 crore reported in Q4FY25.

The sharp move in the stock came as investors reacted positively to the company’s earnings growth and stable margins. IGI shares have traded between a 52-week low of Rs 287 and a 52-week high of Rs 442.

Market participants will continue to track management commentary, certification demand trends, and margin sustainability in the coming quarters.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice, stock recommendation, or financial guidance. Stock market investments are subject to market risks, including volatility and economic uncertainties. Readers are advised to consult a qualified financial advisor before making any investment decisions. The views and data mentioned are based on publicly available information and company-reported financial results. Past performance is not indicative of future returns.