V-Mart, Marico, Devyani among 80+ firms reporting Q1FY25 earnings
A dense earnings day for Indian consumer and retail: V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Godrej Consumer and Hawkins Cooker are among 80+ companies reporting Q1FY25. Coverage anchors on Bharti Airtel's strong quarter, profit up 158% to Rs 4,159.90 crore.
What happened
Q1FY25 earnings season update: V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Godrej Consumer, Hawkins Cooker and 80+ firms report today;
Key facts
- 80+ companies reporting Q1FY25
- Airtel profit Rs 4,159.90 crore up 158%
- Airtel India revenue Rs 29,046 crore up 10.1%
- Mobile ARPU Rs 211
Why this matters
The clustered reporting across apparel (V-Mart, Monte Carlo), FMCG (Marico, Godrej Consumer) and QSR (Devyani) offers a rare same-day valuation snapshot to sharpen target screening and comps.
What to watch
- FMCG gross margin expansion/contraction vs prior quarter
- Rural demand recovery commentary in FMCG concalls
- Devyani/QSR same-store sales growth trajectory
- Input cost guidance (palm oil, copra, packaging)
- Analyst upgrade/downgrade flow post-prints over 48 hours
- Screen each print for volume growth vs value growth to gauge real demand vs pricing
- Prioritize reading Marico and Godrej Consumer margin commentary as sector proxy
- Fade knee-jerk moves on thinly-covered small caps into next session liquidity
- Cross-check QSR (Devyani) SSSG against discretionary demand narrative
- Watch management guidance tone on rural vs urban recovery