P&G Q3 Review: Miss On All Fronts; Quarterly Inconsistency Continues, Says Motilal Oswal— Maintains 'Neutral'

P&G Q3 Review: Miss On All Fronts; Quarterly Inconsistency Continues, Says Motilal Oswal— Maintains 'Neutral'

P&G delivered a 7% revenue CAGR during FY19-24, and the brokerage estimates a 7% CAGR during FY24-27E. The company is less predictable on a quarterly basis, but its annual performance is still quite steady. Ebitda margin has also seen consistent improvement, with 250 bp expansion during FY19-24 to ~23.5%.NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, as…