International Gemmological Institute Q4 Results: Net profit jumps 45% to Rs 78 crore
International Gemmological Institute (IGI) on Friday posted a 45 per cent jump in consolidated net profit at Rs 113.78 crore for fourth quarter of the 2024 calendar year. The company, in a statement, said it had clocked a net profit of Rs 78.43 crore in the year-ago.
IGI, listed on both BSE and NSE in December 2024, reported a total revenue of Rs 256 crore for Q4 of 2024 calendar year, six per cent jump from the previous year.
For the full 2024 calendar year, the company posted a net profit of Rs 427.29 crore, up by 29 per cent from Rs 330.84 crore in the previous year.
Total revenue rose 17 per cent on a consolidated basis to Rs 1,053.16 crore in 2024 from Rs 898 crore in the previous year.
The Board recommended an interim dividend of Rs 2.44 per equity share for 2024 calendar year.
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