International Gemological Institute Limited CC-Mar25.pdf · 2025-04-21
Yes, thanks for the opportunity. The question is actually on the tariffs. So my understanding is that some of the studied manufacturers have been indicating in the last few weeks, there is some kind of a stalemate with the retailers in the US towards this tariff increase. And therefore, there is some softness in demand from the US. So just want to understand, if you are observing any softness in business due to the tariffs in the near term?
Okay. All right. You got it. This is quite useful. The other question is, on the volumes. So given that we have seen very good volume in Q1, the only reason why the revenue impact was because of the onetime correction in prices that you have taken. So now that that is behind us and in the base, should we expect this strong volume to translate into revenue growth in the coming quarters?