Is IGI for profit?

IGI – International Gemmological Institute Founded in 1975, the IGI is the largest for-profit diamond certification lab with locations across the world. The IGI was the first lab to introduce diamond laser inscription, jewellery identification reports, sealed diamonds, as well as the repair and re-cut of diamonds.

What is the profit of IGI?

International Gemmological Institute (India) Ltd (IGI) on Tuesday, July 29, reported a 62.6% year-on-year jump in consolidated net profit to ₹126.5 crore for the quarter ended June 30, 2025, led by robust growth in certification volumes and improved operating efficiency.

Is IGI as reputable as GIA?

IGI and GIA are two of the most reputable and widely recognized diamond certification organizations in the world. Both IGI and GIA provide diamond grading reports that offer information about a diamond's quality and characteristics. However, there are some differences between the two certifications.

Are IGI diamonds real or fake?

The laboratory assesses all types of gemstones, including lab created diamonds. The IGI certificate helps diamond retailers and vendors confirm the authenticity of diamonds. Similarly, the certificate helps customers buy lab diamonds with more confidence.

Are IGI diamonds worth anything?

That said, the differences are typically small and have minimal impact on the overall quality or value of the stone. For lab-grown diamonds, however, IGI is recognized as a leading authority, and its grading is considered equally as reliable as GIA's.

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Why are IGI diamonds cheaper?

GIA charges higher certification fees than IGI, increasing overall costs. GIA's stricter grading standards often result in lower grades compared to IGI, making IGI-certified lab-grown diamonds look more appealing on paper. IGI dominates the lab-grown diamond industry, making it the default choice for most retailers.

Why is GIA more than IGI?

3 Is there some price difference between IGI and GIA-certified diamonds? Ans. Yes, there may be a noticeable price difference. GIA-certified diamonds are frequently more expensive due to the GIA's strict grading standards and excellent reputation.

Is IGI only for lab grown diamonds?

Is IGI only for lab grown diamonds? No, IGI is an independent laboratory that certifies both natural diamonds and lab-grown diamonds.

Is rare carat IGI certified?

We offer a wide selection of diamonds from trusted wholesalers, ensuring each natural diamond comes with a GIA or IGI certification, and each lab-grown diamond is certified by IGI, GIA, or GCAL. Every diamond is thoroughly vetted, giving you complete peace of mind.

Does IGI certify Polki?

Certification & Validation of Traditional Jadau & Polki Jewellery - Confluence of 'Regalia' & 'Assurance' The International Gemological Institute (IGI) certifies traditional Jadau and Polki jewellery as one of the largest independent gem certification companies in the world.

How to tell if an IGI report is real?

We will provide you with the report/certification which features a unique report number that you can check on the IGI website to ensure your certificate is valid and genuine. IGI diamonds also have that unique report number inscribed on the girdle, which can be seen under 20x magnification.

Does IGI certify moissanite?

These factors significantly affect the stone's appearance, quality, and cost. Based on the factors above, institutes like the Gemological Institute of America (GIA) and the International Gemological Institute (IGI) issue a moissanite certificate of authenticity.

Which diamond certificate is the best?

The Gemological Institute of America (GIA) is widely regarded as the global gold standard in diamond certification. Founded in 1931, GIA revolutionized the diamond industry by introducing the 4Cs grading system—cut, clarity, color, and carat weight—which has since become the universal language for evaluating diamonds.

Is IGI a good buy?

IGI offers long-term play for investors keen on niche biz. Investors interested in investing in a niche business with high entry barriers may consider investing in the issue with a long-term horizon. The company's revenues grew at a CAGR of 32.3% from ₹365 crore in FY22 to ₹638 crore in FY24.

Who is the CEO of IGI?

Message from CEO Faisal Khan

Our HR philosophy promotes ownership and initiative and welcomes innovation. We continue to strive for inducting, retaining and developing the best talent in the industry to deliver value to our stakeholders.

Should I buy a non-certified diamond?

In fact, without a certificate, you can never be sure what you are buying. If a diamond is not certified, your only source of information about the stone's quality is the seller. And let's agree the seller's assessment is not likely to be the most objective.

Is CaratLane IGI certified?

CaratLane uses IGI and SGL-certified diamonds, which further boosts the resale potential. Certified Diamond Jewellery Fetches Better Resale Value: Real diamond jewellery that is certified tends to retain its value much better than uncertified alternatives.

Is IGI just as good as GIA?

GIA is known for having stricter grading standards, particularly for color and clarity, compared to IGI. IGI may give slightly higher grades for a diamond that would get a lower grade if it were graded by GIA, although it is worth mentioning that the difference might not always be significant.

How much is a 1 carat lab grown diamond worth?

The average price of a 1 carat lab grown diamond is currently $668 (see price chart below). 1 carat lab grown diamonds can cost anywhere from $404 - $1,460 depending on the diamond's shape, color, clarity, and other factors. To see specific details on diamond pricing by shape see our 1 carat diamond prices table below.

What are the downsides of lab grown diamonds?

What are the disadvantages of lab-grown diamonds? Some disadvantages include perceived lower value due to their man-made origin, high energy consumption during production, and limited availability of certain sizes and colors.

What diamond certifications to avoid?

Not Reading Grading Reports : Don't Buy GIA or AGScertified diamonds. Some merchants offer inferior diamonds or inferior grading organisations, which exaggerate quality grades. VBJ Tip: Always ask for a GIA or AGS report when purchasing to avoid overpaying for lower-quality diamonds.

Is IGI trusted?

IGI is a respected authority on diamond grading, and you can trust their lab-grown diamond grades.

What is the best clarity for a diamond?

Flawless (FL): This is the highest grade and signifies that no inclusions or blemishes are visible under 10x magnification.