V-Mart, Marico, Devyani among 80+ firms that reported Q1FY25 earnings (resurfacing an August 2024 report)
Resurfacing a report from August 5, 2024: over 80 companies posted Q1FY25 results that day, including retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, Hawkins Cooker, Nestle India, HUL and Godrej Consumer Products. Airtel logged ARPU of Rs 211 and 53.7% EBITDA margin.
What happened
Over 80 companies reported Q1FY25 earnings on August 5, 2024, including retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo
Key facts
- 80+ companies reporting Q1FY25
- Airtel ARPU Rs 211
- Airtel EBITDA margin 53.7%
- Deepak Nitrite profit Rs 202.53 crore
Why this matters
Simultaneous multi-sector results from apparel (V-Mart, Monte Carlo), QSR (Devyani), and staples (Nestle, HUL, Godrej) surface relative valuation gaps worth screening for consolidation or partnership targets.
What to watch
- FMCG volume growth turning positive YoY
- Rural growth outpacing urban in staples commentary
- QSR same-store-sales de-growth or store-addition slowdown
- Raw material cost guidance revisions for FY25
- Ad-spend/promo intensity signaling competitive pressure
- Parse management calls for volume-vs-value split and rural vs urban commentary across Marico/HUL/Nestle
- Compare V-Mart and Devyani SSSG trends to gauge discretionary demand elasticity
- Track input-cost guidance (palm/copra/wheat) for H2 margin trajectory
- Screen for post-earnings drift in under-covered mid-caps (Hawkins, Monte Carlo)