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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.
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