EPL Q3 Review - EAP, Americas Carry The Baton: Motilal Oswal
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EPL Q3 Review - EAP, Americas Carry The Baton: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

EPL Ltd. reported strong growth across East Asia and Pacific region and the Americas region.

This was primarily led by an increase in personal care revenue share in the EAP region.

Operating profit was offset by sluggish performance in personal care in the Africa, Middle East, and South Asia region, coupled with higher employee and other expenses cost (attributable to expansion on the West Coast of America).

Q3 FY21 revenue was in line with our estimate, while Ebitda/profit after tax was below our expectation.

Click on the attachment to read the full report:

Motilal Oswal EPL Q3FY21 Result Update.pdf

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