In an interview to CNBC-TV18, Shreyas Doshi, chairman of Shrenuj & Co says, he expects over 20% revenue growth this year. “Next year, it will continue to be the same or it may be up to 25%,” he adds.

Below is the edited transcript of his interview with CNBC-TV18's Latha Venkatesh and Gautam Broker. Also watch the accompanying video.

Q: You have done well in terms of your sales and profit growth as well. Do you expect to maintain about 35-40% on top-line and the bottom-line in the second half as well as in FY13?

A: We definitely expect to continue the same growth. In 2012-2013, we are definitely expecting higher growth in the diamonds and diamond jewellery sales as the demand worldwide, particularly in United States, India and China, is improving quite a lot.

Q: Are you hurt by the rupee depreciation or advantaged by it? Do you have a lot of dollar earnings?

A: We are mainly hedging the exports and imports. It has a neutral implication on our profitability.

Q: FY12, will your revenues grow by 20% or will it be even better?

A: We expect more than 20% growth in the revenue for this year. Next year, it will continue to be the same or it may be up to 25%. That is our expectation.

Q: There are two segments that you operate in. One is the studded jewellery segment and the other in diamonds. Which is the vertical that you feel could give you better growth in the year ahead?

A: Naturally the jewellery will be give much better growth. In five years time, we would be having equal-equal amount of the revenue from both the sides.