Over 80 companies report Q1FY25 today, including retail names V-Mart, Marico, Devyani & Godrej Consumer
August 5, 2024 earnings docket features consumer and retail heavyweights alongside 80+ others. Bharti Airtel posted ARPU of Rs 211 and EBITDA margin of 53.7%. V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Godrej Consumer Products headline the retail-relevant reporters.
What happened
Q1FY25 earnings season update; over 80 companies including retail/consumer names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Godrej
Key facts
- Q1FY25
- ARPU Rs 211
- EBITDA margin 53.7%
- 80+ companies reporting
Why this matters
A dense multi-sector earnings day featuring retail names like Monte Carlo, V-Mart and Devyani offers a real-time read on target valuations and consumer-segment momentum for pipeline screening.
What to watch
- Rural volume growth turning positive across FMCG reporters
- QSR SSSG remaining negative or flat
- Raw material/palm oil cost commentary affecting FMCG margins
- Management FY25 demand guidance and festive-season outlook
- Monsoon progress feeding into rural consumption thesis
- Compare Marico/GCPL rural vs urban volume mix commentary for demand direction
- Track Devyani same-store-sales and store-addition guidance for QSR read-through to Jubilant, Westlife
- Screen V-Mart gross margin and store productivity for value-retail health
- Position staples defensively vs discretionary until volume trend confirms