Q2 FY25 earnings deluge: V-Mart, Marico, Vedant Fashions report as RIL profit slips 4.8%
A crowded earnings day for India's retail and consumer names. V-Mart Retail, Marico and Vedant Fashions post Q2 numbers alongside heavyweights. Reliance Industries reported profit of Rs 16,563 crore, down 4.8%, on revenue of Rs 235,481 crore, with Dabur due later in the week.
What happened
Q2 FY25 earnings day with multiple Indian retail/consumer names reporting — V-Mart Retail, Marico, Vedant Fashions, plus already-reported Reliance, ITC, HUL,
Key facts
- RIL profit Rs 16,563 crore down 4.8%
- RIL revenue Rs 235,481 crore
- Honeywell Automation profit Rs 115.10 crore down 5.6%
Why this matters
A multi-sector earnings cluster with mixed momentum—softening at RIL alongside discretionary and FMCG names—creates a useful window to gauge relative valuations and identify stressed or outperforming targets across retail and consumer.
What to watch
- Dabur Q2 results later in the week
- Reliance Retail revenue/EBITDA growth disclosure
- Management commentary on rural vs urban demand split
- Raw material/input cost inflation guidance
- Festive season (Q3) channel inventory and demand outlook
- Parse RIL segment breakup — isolate Reliance Retail growth/margin vs O2C drag
- Compare Marico volume growth and gross margin guidance against input cost (copra, edible oil) commentary
- Track Vedant Fashions same-store growth and festive/wedding season inventory positioning
- Wait for Dabur print to confirm or reject the rural-recovery thesis
- Screen for FII/DII positioning shifts in high-PE consumer staples