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KRChoksey Report
Emmbi Industries Ltd. reported YoY decline in sales on account of exodus of labourers to their native places at the beginning of the quarter.
Out of approximately 650 of company's labourer who had gone to their respective native places during the beginning of the quarter, company was able to call back 600 labourer by the end of September.
The plants were running at ~80% of capacity utilization by end of Q2 FY21 and management expects it to return to normal utilization level of 86-87% by end of Q3 FY21.
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