Q2 FY25 earnings roundup: V-Mart, Marico, Vedant Fashions among retail names reporting
A batch of Indian retail and consumer companies posted Q2 FY25 results, including V-Mart Retail, Marico, Vedant Fashions, ITC, HUL, Nestle, Zomato and PVR Inox. Reliance profit fell 4.8% YoY to Rs 16,563 crore on revenue of Rs 235,481 crore; Godrej Agrovet profit dropped 7.8%.
What happened
Q2 FY25 earnings roundup featuring multiple Indian retail/consumer names — V-Mart Retail, Marico, Vedant Fashions, Reliance, ITC, HUL, Nestle, Zomato, PVR Inox,
Key facts
- RIL profit Rs 16,563 crore down 4.8% YoY
- RIL revenue Rs 235,481 crore
- APSEZ 220 MMT cargo H1 FY25 up 9% YoY
- Godrej Agrovet profit Rs 95.79 crore down 7.8%
Why this matters
A crowded reporting window spanning apparel, FMCG and platforms (Zomato, PVR Inox) creates a comparable valuation snapshot useful for screening acquisition or partnership targets at softer multiples.
What to watch
- Q3 festive sales data and same-store-sales prints
- Rural consumption and monsoon-linked demand indicators
- Input cost / commodity inflation (palm oil, packaging) for staples
- RIL O2C refining margin trajectory
- RBI rate path affecting discretionary spend
- Management commentary on festive-quarter (Q3) demand and rural recovery
- Brokerage estimate revisions for FY25 consumer discretionary names
- RIL retail segment guidance and capex pacing signals
- Inventory and gross-margin trends across staples vs apparel