V-Mart, Marico, Devyani among 80+ firms reporting Q1FY25 earnings today
Q1FY25 earnings season brings a cluster of retail-relevant names to the tape, including V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Hawkins Cooker, with Godrej Consumer Products and others due later in the week. Airtel flagged ARPU of Rs 211.
What happened
Q1FY25 earnings season update: 80+ companies report today including retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions,
Key facts
- Q1FY25
- August 5 2024
- 80+ companies
- ARPU Rs 211
Why this matters
The concentrated multi-brand print across V-Mart, Devyani, Monte Carlo and FMCG names gives a rare same-day valuation and margin snapshot to refine comp sets and identify stressed or richly-priced targets ahead of deal conversations.
What to watch
- Marico and Godrej rural volume guidance and management tone
- Devyani/QSR same-store sales and store-addition pace
- V-Mart footfall and gross-margin recovery metrics
- Godrej Consumer print later in the week as confirming signal
- Palm oil and copra cost trajectory commentary
- Screen SSSG and volume growth prints across V-Mart, Devyani, Monte Carlo against consensus for demand read-through
- Compare Marico/Godrej management rural-vs-urban commentary as sector-wide demand proxy
- Track gross-margin delta versus input-cost tailwinds to separate real demand from cost-driven beats
- Position long value-staples / cautious on QSR discretionary until SSSG stabilizes