IGI says lab-grown diamonds will remain its biggest growth driver

IGI reported Q2 FY2026 revenue growth of 23.2% year-on-year to ₹370.7 crore, with EBITDA margin expanding to 60.3%. The certification major expects lab-grown diamonds to lead growth while scaling AGL beyond New York and pursuing natural-diamond share gains.

— Filed Fri, 24 Jul, 2026, 16:22 IST · Source CNBC-TV18 · Companies · Updated

Mumbai-based IGI reported strong quarterly growth, led by lab-grown diamond certification, and expects the segment to remain its largest growth driver. It is targeting natural-diamond market-share gains and plans to scale acquired AGL beyond its New York lab.

Why this matters

No prior related IGI signals are listed. This update adds Q2 FY2026 evidence that lab-grown diamonds remain IGI's core growth lever, alongside AGL expansion and natural-diamond share plans.

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