V-Mart, Marico, Devyani among 80+ firms reporting Q1FY25 earnings today
A dense earnings day for Indian consumer and retail names: V-Mart Retail, Marico, Devyani International, Hawkins and Monte Carlo Fashions report Q1FY25 results, with Godrej Consumer due this week. Early prints show Deepak Nitrite profit up 35.1% to Rs 202.53 crore on revenue up 22.5%.
What happened
Q1FY25 earnings season roundup: V-Mart Retail, Marico, Devyani International, Hawkins, Monte Carlo Fashions report today, with Godrej Consumer due this week.
Key facts
- Deepak Nitrite Q1FY25 profit Rs 202.53 crore up 35.1%
- revenue Rs 2,166.84 crore up 22.5%
- Airtel ARPU Rs 211
- Airtel India EBITDA margin 53.7%
Why this matters
A dense results cluster across multi-brand retail and consumer names surfaces relative performance gaps that can flag undervalued or underperforming targets ahead of Godrej Consumer's print later this week.
What to watch
- Marico/Godrej rural vs urban volume growth divergence in management commentary
- Devyani SSSG and store-addition guidance vs QSR peers
- Gross margin trajectory guidance amid commodity moves
- V-Mart footfall/ticket-size trends signaling mass-market recovery
- Godrej Consumer print later this week as cluster confirmation
- Screen for volume-vs-value growth split across FMCG prints to separate demand recovery from price-led optics
- Watch QSR peer read-through (Devyani to Jubilant, Sapphire, Westlife) on same-store sales and unit economics
- Position value-retail (V-Mart, Vishal) as rural-recovery proxies if Marico rural commentary is constructive
- Track input-cost commentary (palm oil, crude derivatives via Deepak Nitrite) for margin sustainability into H2