V-Mart, Marico, Nestle India among 80+ companies reporting Q1FY25 earnings
Q1FY25 earnings season roundup names retail and consumer players including V-Mart Retail, Marico, Nestle India, HUL, Adani Wilmar, Devyani International, Monte Carlo Fashions, Hawkins Cooker and Godrej Consumer. Bharti Airtel posted profit of Rs 4,159.90 cr, up 158%, with India revenue at Rs 29,046 cr.
What happened
Q1FY25 earnings season roundup naming retail/consumer players including V-Mart Retail, Marico, Nestle India, HUL, Adani Wilmar, Devyani International, Monte
Key facts
- 80+ companies reporting Q1FY25
- Airtel profit Rs 4,159.90 cr up 158%
- Airtel India revenue Rs 29,046 cr up 10.1%
- Mobile ARPU Rs 211
What to watch
- Volume growth turning positive in rural-skewed staples
- Gross margin expansion >150bps signaling cost tailwind durability
- QSR same-store-sales decline deepening below -5%
- Airtel ARPU uptick confirming consumer wallet resilience
- FII flow shift into FMCG/consumption ETFs
- Screen actual prints vs estimates for Nestle, HUL, Marico margins and volume growth
- Track management commentary on rural vs urban demand split
- Watch input cost (palm oil, crude derivatives) guidance for H2FY25 staples margins
- Compare V-Mart/Devyani SSSG against peers for discretionary read-through