We have not suffered losses till now: Suresh Rayudu, MD, Srinivasa Hatcheries

Suresh Rayudu, MD, Srinivasa Hatcheries, in a chat with ET Now talks about realty poultry foods as well as hospitality business.

In terms of a segmental break up of revenues if you could just do that from your realty poultry foods as well as your hospitality business?

In Srinivasa Hatcheries we are totally in the poultry business so it is really we have no other segments in that.

Can you just tell us that when we say poultry business are you actually processing the meat completely which means are you processing and who are you supplying to you if there are some institutional buyers you supply to?

No, we are primarily into a poultry breeding so all our customers are the poultry farmers in the coastal districts of Andhra Pradesh.

What is the service you finally offer, you are selling them feeds or you yourself are breeding the chickens?

We buy chickens from our parents from Venkateshwara Hatcheries and then breed them and sell the old chickens for commercial operations to the poultry farmers in our coastal district.

How profitable is it and is the prices do they move a lot, can you suffer big losses because sometimes I believe if these chickens get infected most of them die in one shot?

It is always possible but it has not happened till now year on year, we although never had operating losses till now.