Stockrabit · Analysts
Questions across 2 calls

Harish Advani

Axis Capital

International Gemological Institute Limited

International Gemological Institute Limited CC-Nov25.pdf · 2025-11-05
Hi. Thank you for taking my question. So, my first question was on the international business. So, while we continue to see some stress out there with growth at about 6% in revenue terms, but within this, how should we look at it? How much of an impact are you seeing from tariffs in some of these geographies , and which are the markets which are doing better, and which are the markets which are seeing some stress i f you could tell me about this in the first question?
Okay. Just a follow up on that. So, when you say they are doing significantly better, can you kind of quantify to a certain extent like 1.5x or 2x more than what the overall reporting is for the international?
International Gemological Institute Limited CC-Aug25.pdf · 2025-07-29
Hi, thank you for taking my question. My first question was on the India LGD business. So we have seen a pretty strong pickup sequentially. So this 24%, can you break it down into how much of this has been volume led and how much of an impact we had from the pricing because we took pricing cuts last year this time?
Okay, perfect. Thank you. And if I were to talk about the subsidiary business, which is console minus standalone, you kind of indicated that this quarter, there was a bit of pressure. And that's why the margin has come up from 20% to about 4%. But we had a similar kind of an impact last year where the margin was about 3%. So is this more, it's kind of a seasonal thing. And if that is the case, what should we kind of build in for the rest of the year or the full year CY25 for the international business?