V-Mart, Marico, Godrej Consumer among 80+ names reporting Q1FY25 earnings today
A crowded Q1FY25 earnings day features retail-relevant names V-Mart Retail, Marico, Devyani International, Godrej Consumer Products, Nestle India, HUL, Adani Wilmar, Monte Carlo Fashions and Hawkins Cooker. Bharti Airtel led early prints with profit up 158% to Rs 4,159.90 crore on ARPU of Rs 211.
What happened
Q1FY25 earnings-season roundup: retail-relevant names including V-Mart Retail, Marico, Devyani International, Godrej Consumer Products, Nestle India, HUL, Adani
Key facts
- Bharti Airtel Q1FY25 profit Rs 4,159.90 crore up 158%
- Airtel revenue Rs 38,506.40 crore up 2.8%
- mobile ARPU Rs 211
- Deepak Nitrite profit Rs 202.53 crore up 35.1%
Why this matters
Simultaneous earnings from multi-sector consumer players surface valuation and margin benchmarks useful for screening acquisition or partnership targets in retail and FMCG.
What to watch
- HUL and Nestle volume growth print (positive vs flat)
- Marico gross margin and Parachute/edible oil pricing action
- V-Mart same-store sales and store expansion pace
- Devyani/QSR same-store sales trend and unit economics
- Management H2 rural demand recovery guidance language
- Raw material cost trajectory guidance
- Screen staples names for gross-margin expansion vs volume growth divergence in the print
- Track QSR store-add guidance from Devyani for discretionary read-through
- Compare rural vs urban commentary across HUL, Marico, Godrej for demand-recovery timing
- Watch input-cost commentary (palm oil, packaging, crude) as forward margin signal
- Position for post-earnings dispersion rather than a sector-wide directional bet