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How IGC Pharma (IGC) makes money

IGC Pharma (IGC) made $328K of revenue in the third quarter 2026 (Q3 2026), +72% from a year earlier. White Labeling Services brought in $321K (98%); Wellness and Lifestyle brought in $7K (2%).

Drawing the Sankey…

IGC Pharma revenue by segment, Q3 2026IGC Pharma revenue by segment, Q3 2026White Labeling Services$321KWellness and Lifestyle$7K
IGC Pharma: revenue by line, Q4 2024 to Q3 2026IGC Pharma: revenue by line, Q4 2024 to Q3 2026White Labeling Servic…Wellness and LifestyleWhite Labeling Services: $321K latest$321KWellness and Lifestyle: $7K latestQ4 2024Q2 2025Q3 2025Q1 2026Q2 2026Q3 2026
Wellness and Lifestyle went from 13% of revenue in Q4 2024 to 2% in Q3 2026, the largest shift in the mix.
IGC Pharma revenue by quarterIGC Pharma revenue by quarter$257KQ4 2024$330KQ1 2025$328KQ2 2025$191KQ3 2025$317KQ1 2026$265KQ2 2026$328KQ3 2026

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
White Labeling Services$321K97.9%+25%+110%
Wellness and Lifestyle$7K2.1%-22%-82%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$328K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$328K+72%
Q2 2026$265K-19%
Q1 2026$317K-4%
Q3 2025$191K-54%
Q2 2025$328K+21%
Q1 2025$330K+12%
Q4 2024$257K+26%

From IGC Pharma's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does IGC Pharma make money?

IGC Pharma (IGC) made $328K of revenue in the third quarter 2026 (Q3 2026), +72% from a year earlier. White Labeling Services brought in $321K (98%); Wellness and Lifestyle brought in $7K (2%).

What is IGC Pharma's biggest business?

White Labeling Services: $321K in the third quarter 2026, 98% of revenue, +110% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.