80+ firms report Q1FY25 earnings; retail names V-Mart, Marico, Devyani, Monte Carlo in focus
August 5, 2024 earnings day brings a cluster of retail-relevant results including V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Hawkins Cooker, with Godrej Consumer Products due later in the week. Broad reporting session offers a read on consumer demand trends.
What happened
Q1FY25 earnings day: over 80 companies reported August 5, 2024, including retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo
Key facts
- Deepak Nitrite Q1FY25 profit Rs 202.53 cr up 35.1%
- revenue Rs 2,166.84 cr up 22.5%
- Airtel ARPU Rs 211
- Airtel EBITDA margin 53.7%
Why this matters
Simultaneous disclosures from value retail (V-Mart), FMCG (Marico, Godrej Consumer), QSR (Devyani) and apparel (Monte Carlo) create a useful comparative dataset for spotting relative strength and potential consolidation or partnership targets across consumer segments.
What to watch
- Management FY25 rural vs urban demand guidance language
- Devyani store-addition pace and unit economics
- Monte Carlo/apparel inventory and discounting depth
- Raw material cost outlook and pricing actions
- Hawkins/consumer durables volume as discretionary tell
- Compare volume growth vs value growth across Marico and V-Mart to separate price-led from demand-led gains
- Read QSR SSSG (Devyani) as the cleanest urban discretionary demand proxy
- Wait for Godrej Consumer print later in week to confirm rural FMCG trend before positioning
- Screen gross-margin commentary for copra/palm oil and packaging cost trajectory