Q2 FY25 earnings day: V-Mart, Marico, Vedant Fashions, Adani among retail names reporting
October 29, 2024 brings a flood of Q2 results spanning retail-relevant names V-Mart Retail, Marico, Vedant Fashions and Adani Enterprises. Already reported: Reliance profit down 4.8% YoY to Rs 16,563 crore, alongside ITC, HUL, Nestle, Zomato and Paytm numbers.
What happened
Q2 FY25 earnings day (Oct 29, 2024) covering many Indian firms including retail-relevant names V-Mart Retail, Marico, Vedant Fashions, Adani Enterprises, plus
Key facts
- RIL profit Rs 16,563 crore down 4.8% YoY
- RIL revenue Rs 235,481 crore
- Bharti Airtel profit up 168% to Rs 3,593.20 crore
- Honeywell Q2 profit Rs 115.10 crore down 5.6%
Why this matters
Clustered earnings across V-Mart, Marico, Vedant Fashions and Adani reveal relative valuation and performance gaps that could surface acquisition or partnership targets in the consumption space.
What to watch
- Marico gross margin vs input cost (copra/edible oil) commentary
- V-Mart same-store sales inflection positive vs negative
- Vedant Fashions inventory and franchise expansion pace
- Reliance Retail EBITDA margin trajectory
- Rural demand recovery confirmation across FMCG prints
- Compare Marico volume growth and rural vs urban split against HUL/Nestle to confirm staples demand direction
- Track V-Mart SSSG and store-add guidance for value-consumer health signal
- Read Vedant Fashions festive/wedding order book commentary for premium discretionary strength
- Parse Reliance Retail segment margins and footfall trend for organized-retail read-through
- Watch analyst revisions on consumption basket post earnings cluster