V-Mart, Marico, Devyani & 80+ firms report Q1FY25 as Airtel posts 158% profit jump
Q1FY25 earnings season peaks with retail and consumer names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Hawkins Cooker reporting today. Bharti Airtel led headlines with profit up 158% to Rs 4,159.90 crore on revenue of Rs 38,506.40 crore. Godrej Consumer and others follow this week.
What happened
Q1FY25 earnings season roundup: retail and consumer names including V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, and Hawkins Cooker
Key facts
- Bharti Airtel Q1FY25 profit Rs 4,159.90 crore up 158%
- revenue Rs 38,506.40 crore
- ARPU Rs 211
- over 80 companies reporting Aug 5, 2024
Why this matters
Clustered Q1FY25 reporting across V-Mart, Devyani, and Godrej Consumer offers a fresh comparable set for benchmarking margins and valuations in the consumer and QSR space.
What to watch
- Rural vs urban volume growth commentary in Marico/Godrej calls
- Same-store-sales growth (SSSG) prints for Devyani and V-Mart
- Gross margin trajectory vs input-cost guidance for H2FY25
- Festive-season demand outlook and inventory build commentary
- Monsoon progress data feeding rural sentiment
- Rotate toward staples with rural exposure (Marico, Godrej Consumer) over urban discretionary
- Trim QSR and apparel retail positions ahead of festive-season guidance clarity
- Watch Airtel-led telecom strength as a decoupled ARPU-driven story, not consumer read-through
- Position for post-earnings mean reversion in over-punished small-cap retail names