V-Mart Retail, Marico among 80+ companies reporting Q1FY25 earnings
Q1FY25 earnings season roundup with V-Mart Retail, Marico, Devyani International, Godrej Consumer, Monte Carlo Fashions and Hawkins Cooker reporting alongside consumer majors HUL, Nestle India and Reliance. Airtel ARPU at Rs 211; Deepak Nitrite profit up 35.1% to Rs 202.53 crore.
What happened
Q1FY25 earnings season roundup; V-Mart Retail, Marico, Devyani International, Godrej Consumer, Monte Carlo Fashions, Hawkins Cooker and 80+ companies report
Key facts
- 80+ companies reporting Q1FY25
- Deepak Nitrite profit Rs 202.53 crore up 35.1%
- Airtel ARPU Rs 211
Why this matters
The clustered reporting across consumer, retail and durables (Monte Carlo, Hawkins) offers a rare same-day comparative read on margin and demand trends—useful for benchmarking targets and spotting undervalued peers for M&A.
What to watch
- Rural demand growth commentary in management calls
- Gross margin trajectory vs input cost normalization
- Same-store sales growth for QSR and value apparel
- Ad-spend intensity signaling competitive vs demand confidence
- Airtel ARPU trend (Rs 211) as consumer wallet-share proxy
- Screen FMCG names for volume growth vs value growth to separate genuine demand from price-led revenue
- Compare Marico/Godrej rural mix commentary against HUL/Nestle for confirmation of recovery breadth
- Watch V-Mart and value retail SSSG for signs of mass-market consumer stress
- Track QSR unit economics (Devyani) as leading indicator of urban discretionary appetite