Thangamayil's first quarter net profit declined 9 percent YoY, which LGY Kumar, GM - Finance, said was because of one-time loss in inventory due to fall in gold prices and expenses were also higher.

Thangamayil aims to sell 30-35kg gold on Akshaya Tritiya

In an interview with CNBC-TV18, V Vijay Raghavan, CFO of Thangamayil Jewellery spoke about the latest happenings in the company and the road ahead. The company expects to sell around 30-35 kg of gold on Akshaya Tritiya.

See 60% growth in profit in Q4: Thangamayil Jewellery

Vijay Raghavan, CFO, Thangamayil Jewellery, in an interview with CNBC-TV18’s Gautam Broker and Latha Venkatesh, spoke about the results and his outlook for the company.