V-Mart Retail among 80+ firms reporting Q1FY25 earnings; consumer names Marico, Nestle, HUL in focus
Q1FY25 earnings season roundup features retail and consumer heavyweights. V-Mart Retail leads the value-fashion read, alongside FMCG majors Marico, Nestle India, HUL and Godrej Consumer, plus QSR player Devyani International and apparel brand Monte Carlo Fashions. Bharti Airtel flagged ARPU of Rs 211 and EBITDA margin of 53.7%.
What happened
Q1FY25 earnings season roundup; retail/consumer names including V-Mart Retail, Marico, Nestle India, HUL, Godrej Consumer, Devyani International and Monte Carlo
Key facts
- Q1FY25
- 80+ companies reporting
- ARPU Rs 211
- EBITDA margin 53.7%
Why this matters
The clustering of V-Mart, Monte Carlo, Devyani and consumer majors in one earnings window sharpens comparative valuation signals across value-fashion, apparel and QSR for potential M&A or partnership screening.
What to watch
- HUL/Marico volume growth acceleration or deceleration vs prior quarter
- FMCG gross margin trajectory and commentary on palm oil/crude derivatives
- V-Mart SSSG and store-addition guidance
- Devyani/QSR footfall and dine-in recovery metrics
- Management commentary on H2FY25 rural demand and festive stocking
- Screen FMCG volume growth vs value growth to isolate real demand from pricing
- Cross-read V-Mart and Monte Carlo commentary against HUL rural narrative for discretionary confirmation
- Watch Devyani same-store-sales for QSR consumer-sentiment signal
- Track brokerage upgrade/downgrade cycle in 48h post-prints