V-Mart Retail, Marico among 80+ companies reporting Q1FY25 earnings today
Heavy earnings day with retail and consumer names in focus, including V-Mart Retail, Marico, Devyani International and Monte Carlo Fashions. Bharti Airtel posts Q1FY25 ARPU of Rs 211 and EBITDA margin of 53.7%, with India revenue up 1.9% QoQ.
What happened
Q1FY25 earnings season coverage; over 80 companies reporting August 5 including V-Mart Retail, Marico, Devyani International and Monte Carlo Fashions. Several
Key facts
- Q1FY25
- ARPU Rs 211
- EBITDA margin 53.7%
- India revenue +1.9% QoQ
Why this matters
The clustered results across retail and consumer plays surface potential consolidation and partnership targets, with discretionary names like V-Mart and Monte Carlo worth monitoring for valuation signals.
What to watch
- Marico gross margin delta vs prior quarter and rural volume growth disclosure
- Devyani same-store sales growth turning negative (QSR demand stress)
- V-Mart store-addition pace and ASP trends signaling value-retail squeeze
- Aggregate beat/miss ratio across the 80+ reporters shaping index breadth
- Telecom ARPU re-rating pulling institutional flows from consumer discretionary
- Screen Marico commentary on rural recovery and price-cut normalization for FMCG sector positioning
- Compare V-Mart and Devyani SSSG against street estimates to gauge discretionary demand health
- Rotate weight toward names with confirmed margin expansion; trim discretionary laggards pre-guidance
- Monitor management guidance tone on H2FY25 demand and input-cost trajectory