Resurfacing an August 2024 lineup: V-Mart, Marico and Devyani International were set to report Q1FY25 earnings
Resurfacing a schedule from August 5, 2024: more than 80 companies were slated to announce Q1FY25 results that day, including V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Nestlé India, HUL and Adani Wilmar. The update did not include earnings outcomes for these consumer companies.
What happened
V-Mart Retail, Marico, Devyani International and other Indian consumer companies were due to report Q1FY25 earnings. The live update also reported Bharti
Key facts
- Over 80 companies were scheduled to report Q1FY25 results on August 5, 2024
- Deepak Nitrite Q1FY25 profit: Rs 202.53 crore, up 35.1% YoY
- Deepak Nitrite revenue: Rs 2,166.84 crore, up 22.5% YoY
- Deepak Nitrite EBITDA: Rs 309.2 crore, up 47.4% YoY
- Bharti Airtel added 29.7 million 4G/5G data customers YoY and 6.7 million QoQ
- Bharti Airtel mobile ARPU: Rs 211 versus Rs 200 in Q1FY24
- Bharti Airtel India revenue grew 1.9% sequentially
- Bharti Airtel EBITDA margin: 53.7%
Why this matters
The clustered earnings releases will provide fresh diligence inputs on consumer-sector growth, valuations and competitive positioning, but no transaction conclusion is supported yet.
What to watch
- V-Mart same-store sales growth, gross margin, inventory days and store-opening guidance
- Marico volume growth, copra-price outlook and pricing actions
- Devyani International same-store sales, EBITDA margin and net restaurant additions
- Nestlé India and HUL domestic volume growth versus price-led revenue growth
- Adani Wilmar edible-oil margin trends, branded-food growth and working-capital movement
- Management commentary on monsoon conditions, rural income, inflation and festive-season demand
- Consensus estimate revisions following results and changes in FY25 margin guidance
- Compare reported revenue growth with volume growth, same-store sales growth and new-store additions rather than headline sales alone.
- Watch whether V-Mart comments on rural and tier-2/3 discretionary demand, inventory levels, discounting and gross-margin recovery.
- Track management guidance on edible oil, copra, palm oil, dairy, wheat, packaging and freight costs across the consumer group.
- Assess whether price hikes are accompanied by volume resilience; pricing-led growth without volume support may be viewed negatively.
- Monitor Devyani International for same-store sales, restaurant expansion pace, delivery mix and store-level profitability commentary.
- Use post-results moves to distinguish company-specific execution issues from a broader consumer-demand signal.