V-Mart, Marico, Devyani among 80+ firms reporting Q1FY25 earnings
Q1FY25 earnings season update sees value retailer V-Mart Retail, FMCG major Marico, QSR operator Devyani International, Monte Carlo Fashions and Hawkins Cooker report alongside 80+ companies. Consumer and retail names dominate the day's watchlist, offering a read on demand trends.
What happened
Q1FY25 earnings season update: V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Hawkins Cooker and 80+ companies report today, with
Key facts
- Q1FY25 results for 80+ companies
- Mobile ARPU Rs 211 vs Rs 200
- EBITDA margin 53.7%
Why this matters
The clustering of value retail, FMCG and QSR results creates a useful comparative baseline for benchmarking targets, but the inconsistent ARPU/margin delta signals the underlying data needs cleaning before deal analysis.
What to watch
- V-Mart SSSG and footfall trends
- Marico volume growth vs price-led growth mix
- Devyani same-store sales and margin per store
- Management demand outlook for H2FY25 festive season
- Input cost commentary (copra, edible oils, crude derivatives)
- Screen commentary for rural vs urban demand split and same-store sales growth
- Compare gross margin trajectory against raw-material deflation tailwinds
- Track QSR unit economics and store-addition guidance from Devyani
- Position long staple FMCG margin beneficiaries, cautious on discretionary apparel