Resurfacing an August 2024 move: Over 80 firms posted Q1FY25 results; V-Mart, Marico, Devyani, Monte Carlo among retail names in focus
A packed earnings day on Aug 5, 2024 saw retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Hawkins Cooker and Godrej Consumer Products report Q1FY25 numbers alongside telecom and industrial peers. Consumer demand signals drove the read-through for retail.
What happened
Over 80 companies report Q1FY25 earnings on Aug 5, including retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Hawkins
Key facts
- mobile ARPU Rs 211
- EBITDA margin 53.7%
- Deepak Nitrite profit Rs 202.53 cr up 35.1%
Why this matters
Cross-segment Q1FY25 prints from apparel, QSR, staples and durables names will reset comparable valuations, sharpening the case for opportunistic acquisitions or partnerships where demand softness pressures multiples.
What to watch
- Management commentary on rural demand recovery pace
- Raw-material/input-cost guidance and pricing actions
- Festive-season demand outlook and channel inventory
- QSR margin and footfall trends signaling discretionary spend
- Any downgrade in FY25 volume guidance
- Parse Marico/GCPL rural vs urban volume split and gross-margin trajectory for demand signal
- Compare V-Mart and Monte Carlo SSSG and inventory levels for discretionary health
- Track Devyani same-store-sales-growth and store-addition guidance as QSR demand proxy
- Watch sell-side revisions and target-price changes within 48 hours of prints