V-Mart, Marico, Devyani among 80+ firms reporting Q1FY25 earnings today
Q1FY25 earnings roundup lands with retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Godrej Consumer and Hawkins Cooker reporting alongside Bharti Airtel, whose profit surged 158% to Rs 4,159.90 crore.
What happened
Q1FY25 earnings season roundup: over 80 companies reporting August 5, including retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo
Key facts
- Airtel Q1FY25 profit Rs 4,159.90 crore, up 158%
- Airtel revenue Rs 38,506.40 crore, up 2.8%
- India ARPU Rs 211
- 409 million India customers
Why this matters
The dense Q1 reporting window across retail and FMCG names provides a fresh valuation and performance snapshot to sharpen comparables and screen potential acquisition or partnership targets in the consumer space.
What to watch
- Rural demand recovery language in FMCG management calls
- Gross margin vs A&P spend trade-off in staples
- Same-store-sales growth trend for QSR (Devyani)
- V-Mart apparel demand and markdown levels
- Palm oil / crude derivative input cost trajectory
- Aggregate Q1 beat/miss ratio setting broad market tone
- Screen Marico/Godrej for gross-margin expansion vs volume growth divergence
- Compare Devyani SSSG and unit economics against QSR peers (Jubilant, Sapphire)
- Track V-Mart store additions and inventory commentary for value-retail read-through
- Watch brokerage revisions in 24-48h for target-price adjustments
- Position for input-cost tailwind theme across staples if crude/palm trends hold