Q2 FY25 earnings deluge: V-Mart, Marico, Nestle, Reliance among retail-consumer names reporting
A crowded earnings day sees retail and consumer majors post Q2 numbers. Reliance profit slipped 4.8% to Rs 16,563 crore on Rs 235,481 crore revenue, while Bharti Airtel profit surged 168% to Rs 3,593 crore. V-Mart, Vedant Fashions, Marico, Adani Wilmar, Zomato, PVR Inox, HUL, ITC and Dabur also in focus.
What happened
Q2 FY25 earnings roundup naming multiple Indian retail/consumer firms including V-Mart Retail, Vedant Fashions, Marico, Adani Wilmar, Nestle India, Zomato, PVR
Key facts
- Reliance profit Rs 16,563 crore down 4.8%
- Reliance revenue Rs 235,481 crore
- Bharti Airtel profit Rs 3,593.20 crore up 168%
- Honeywell Automation profit Rs 115.10 crore down 5.6%
Why this matters
A simultaneous multi-brand earnings cluster spanning fashion, FMCG and platform names offers a rare comparative snapshot to identify margin-pressured targets and relative-strength acquirers.
What to watch
- Rural vs urban demand split in FMCG management commentary
- Reliance Retail same-store-sales and footprint guidance
- Raw material/input cost trajectory (palm oil, packaging)
- Quick-commerce path-to-profitability milestones
- Festive/wedding-season demand signals for apparel names
- FII flows rotation between staples and discretionary
- Parse staples volume growth vs price-led growth to gauge real demand
- Track gross-margin commentary as input costs (palm oil, crude derivatives) shift
- Watch quick-commerce GOV and contribution-margin guidance from Zomato
- Compare Reliance Retail segment growth vs JioMart/Reliance Jio strength
- Reassess discretionary retail (V-Mart, Vedant Fashions) on festive-season outlook