V-Mart, Marico, Vedant Fashions Among Retail Names Reporting Q2 FY25 Results
Q2 FY25 earnings roundup for Oct 29, 2024 covers retail-relevant names including V-Mart Retail, Marico and Vedant Fashions reporting today, alongside already-released numbers from Reliance, HUL, ITC, Adani Wilmar, Nestle, Zomato and PVR Inox. Reliance posted Rs 16,563 crore profit, down 4.8% YoY.
What happened
Q2 FY25 earnings roundup for Oct 29, 2024, with several retail-relevant names reporting — V-Mart Retail, Marico, Vedant Fashions, plus already-reported
Key facts
- RIL profit Rs 16,563 crore down 4.8% YoY
- RIL revenue Rs 235,481 crore
- Honeywell Q2 profit Rs 115.10 crore down 5.6%
Why this matters
A cluster of retail and consumer names reporting on one day offers a clean comparative window to spot valuation gaps and underperformers worth tracking for partnership or acquisition conversations.
What to watch
- Marico gross margin delta vs copra/oil input cost trend
- V-Mart SSSG and store-add pace; rural vs urban mix
- Vedant Fashions wedding/festive season order book and EBITDA margin
- Sequential urban consumption commentary echoing RIL/HUL/Nestle softness
- Festive Q3 demand guidance and inventory levels
- Watch sell-side revise FY25 EPS for retail discretionary down 3-5% if Vedant/V-Mart guidance softens
- Rotate positioning toward value retail and staples with margin tailwinds, trim premium apparel exposure
- Compare same-store-sales (SSSG) commentary across V-Mart vs Vedant for down-trading confirmation
- Track management commentary on Q3 festive demand (Diwali) as forward signal