V-Mart, Marico, Devyani among 80+ to report Q1FY25 earnings
Q1FY25 results season peaks as V-Mart Retail, Marico, Devyani International and Monte Carlo Fashions report alongside 80+ companies. Follows earlier consumer prints from Nestle India, HUL and Adani Wilmar, with Godrej Consumer due later.
What happened
Q1FY25 earnings season update: V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and 80+ others report today, following results from consumer
Key facts
- Q1FY25
- Aug 5 2024
- 80+ companies
- ARPU Rs 211
Why this matters
The dense multi-sector print offers a rare read-across on retail and FMCG valuations and momentum, useful for calibrating M&A timing and identifying under- or over-performing targets across the consumer landscape.
What to watch
- Marico and Godrej Consumer volume growth prints and management demand commentary
- Devyani net store additions and unit-level EBITDA margin
- Rural vs urban demand split callouts in staples concalls
- Raw material cost guidance for H2FY25
- Analyst estimate revisions in the 48h post-print window
- Screen for volume-growth vs price-led revenue in staples prints to separate genuine demand recovery from base effects
- Compare Devyani SSSG against Jubilant/Westlife reads to gauge QSR cohort direction
- Track gross margin delta vs palm oil and packaging cost trends for Marico/GCPL
- Watch V-Mart footfall and store-add commentary as a rural discretionary proxy