V-Mart, Marico, Devyani among 80+ firms reporting Q1FY25 earnings
A crowded August 5 earnings docket sees retail and consumer names — V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Godrej Consumer — report Q1FY25 results alongside heavyweights like Airtel (mobile ARPU Rs 211, EBITDA margin 53.7%) and ONGC.
What happened
Q1FY25 earnings roundup: V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Godrej Consumer among 80+ firms reporting on August 5, 2024,
Key facts
- Q1FY25
- mobile ARPU Rs 211
- EBITDA margin 53.7%
- 80+ companies reporting
Why this matters
The clustered multi-brand reporting offers a rare simultaneous read on retail and consumer valuations, useful for calibrating M&A comps and identifying underperformers ripe for consolidation.
What to watch
- Marico gross margin vs copra/oil input trend
- Devyani SSSG print (positive vs negative)
- Rural volume growth commentary in consumer names
- V-Mart same-store sales and store expansion pace
- Airtel ARPU trajectory as consumption proxy
- Screen for post-result guidance on rural vs urban demand split across Marico and Godrej Consumer
- Track SSSG and unit economics commentary from Devyani to gauge QSR cycle bottom
- Watch V-Mart and Monte Carlo for inventory and gross-margin trends signaling discretionary weakness
- Position for dispersion trade: long staples quality vs underweight value-fashion