Emami has planned to close operations of the unit located at Abhoypur, Guwahati, Assam, which was having insignificant portion of operations of the company. Turnover of the unit during the FY 2023-24 was Rs 1 crore which is significantly low in relation to the consolidated turnover of the company i.e., Rs 3,578 crore. Profit and net worth of the unit are less than 1% of company’s total profitability and net worth. The company is expected to close operations by end of January, 2025. Reasons for closure is consolidation of operations for achieving better economies of scale.
Emami is the flagship company of the Emami Group and engaged in manufacturing products under various categories namely Hair Care, Skin Creams and Lotions, Talcum Powder and ayurvedic health care products.
