80+ firms report Q1FY25 today, including V-Mart, Marico, Devyani and Godrej Consumer
August 5 earnings deluge features retail and consumer names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Hawkins Cooker and Godrej Consumer Products alongside Bharti Airtel (ARPU Rs 211, EBITDA margin 53.7%) and Deepak Nitrite (profit Rs 202.53 cr, up 35.1%).
What happened
Q1FY25 earnings season roundup; over 80 firms report August 5, 2024, including retail/consumer names V-Mart Retail, Marico, Devyani International, Monte Carlo
Key facts
- Bharti Airtel ARPU Rs 211 vs Rs 200
- EBITDA margin 53.7%
- India revenue up 1.9% QoQ
- Deepak Nitrite profit Rs 202.53 cr up 35.1%
Why this matters
The simultaneous disclosure of consumer and retail results offers a rare same-day comp set across V-Mart, Marico, Devyani, Monte Carlo and Godrej Consumer for calibrating valuation and M&A screening in the sector.
What to watch
- Gross margin trajectory vs input cost commentary in FMCG results
- Rural volume growth acceleration/deceleration language
- QSR same-store-sales trend and dine-in vs delivery mix
- Discretionary retail like-for-like sales guidance for H2FY25
- Post-result analyst target revisions clustering by sub-sector
- Screen for beat/miss vs consensus on Marico and Godrej Consumer volume growth and gross margins
- Parse management commentary on rural vs urban demand split as sector-wide indicator
- Track Devyani SSSG and store economics against QSR peers (Jubilant, Sapphire, Westlife)
- Isolate discretionary retail (V-Mart, Monte Carlo) footfall and inventory signals for demand-cycle read