Motilal Oswal: P&G Logs A Stellar Q1 Performance; Beat On All Fronts
A man carries relief fund from P&G. (Source: P&G Official Twitter handle)

Motilal Oswal: P&G Logs A Stellar Q1 Performance; Beat On All Fronts

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

Procter and Gamble Hygiene and Healthcare Ltd. reported a surprisingly strong 18.5% sales growth in Q1 FY21 (June year-end) in a difficult operating environment.

Management’s statement in the press release was also encouraging. The press release stated that growth was driven by the Feminine Hygiene segment (67% of FY20 sales), which grew in double-digits (in our view over 20%) compared to the healthcare segment, which grew in high single-digits.

Click on the attachment to read the full report:

Motilal Oswal P&G Q2FY21 Result Update.pdf

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