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IGI Q2 Results: Consolidated PAT surges 43% to Rs 185 crore

International Gemological Institute moved higher in a quarterly results development.

· Economic Times Markets, ET Stocks

The International Gemological Institute recently announced an impressive 43.14 percent growth in profit after tax for the previous quarter. Operational revenue rose by 31 percent compared to last year.

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International Gemological Institute reported Rs 185 crore, with movement of 43%, 31% and 43.14% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.3% on the day at ₹321.10, and has returned -7.0% over three months. It sits 16% below its 52-week high. The consumer & retail sector has moved -8.5% over the same period, so International Gemological Institute is running 1.5 points ahead of its peers.

For International Gemological Institute, the question is how much of this is already reflected in the price and how much re-rates the consumer & retail peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • The company directly in focus is IGIL.
  • Sector exposure: Consumer & Retail.
  • The immediate tone of coverage reads positive.
IGILConsumer & Retail