Q1FY25 earnings day: V-Mart, Marico, Devyani, Monte Carlo among 80+ reporting
A crowded results day features retail-relevant consumer names including V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Hawkins Cooker, with Godrej Consumer Products and others due later in the week. Airtel ARPU came in at Rs 211; Deepak Nitrite posted Q1 profit of Rs 202.53 cr (+35.1%).
What happened
Q1FY25 earnings day featuring retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Hawkins Cooker, with Godrej Consumer
Key facts
- Deepak Nitrite Q1FY25 profit Rs 202.53 cr (+35.1%)
- Airtel ARPU Rs 211
- 80+ companies reporting
Why this matters
The clustered multi-brand consumer results offer a low-cost comparables refresh across apparel, FMCG and QSR—track Devyani and Monte Carlo margins for valuation reads on any adjacent M&A or partnership targets.
What to watch
- Marico/Godrej gross margin expansion guidance on softer copra/palm costs
- V-Mart same-store-sales growth and inventory levels
- Devyani store-addition pace and store-level margins
- Rural demand recovery commentary echoed across multiple names
- GST/festive-season demand outlook in Q2 guidance
- Screen management commentary for rural vs urban demand divergence and input-cost trajectory
- Compare SSSG and volume growth across V-Mart, Devyani vs staples volume prints
- Position defensively toward FMCG staples until discretionary demand confirms recovery
- Track QSR unit economics (Devyani) for signs of dine-in vs delivery mix shift