V-Mart Retail, Marico among 80+ firms reporting Q1 FY25 earnings today
Q1 FY25 earnings season roundup features V-Mart Retail, Marico, Devyani International and Monte Carlo Fashions, with Godrej Consumer and Nestle India in the pipeline. Early prints show mixed consumer demand signals across retail and FMCG names.
What happened
Q1 FY25 earnings season roundup; V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and 80+ others report today, with several Indian
Key facts
- Deepak Nitrite Q1FY25 profit Rs 202.53 crore up 35.1%
- revenue Rs 2,166.84 crore up 22.5%
- Airtel ARPU Rs 211
- Airtel EBITDA margin 53.7%
Why this matters
A crowded multi-brand earnings day surfacing uneven consumer trends could reset valuations and expose undervalued acquisition or partnership targets in retail and FMCG.
What to watch
- Rural vs urban volume growth split in FMCG management commentary
- Same-store sales growth (SSSG) numbers from V-Mart and Devyani
- Gross margin trend vs raw material cost commentary
- Inventory levels and discount intensity in apparel retail (Monte Carlo)
- Nestle/Godrej guidance revisions for H2 FY25
- Watch sell-side revisions on Marico and Godrej Consumer post-print for FMCG volume trajectory reads
- Position for staples-over-discretionary spread if rural commentary stays cautious
- Track QSR margin commentary (Devyani) as proxy for urban discretionary spend
- Await Nestle India print as bellwether confirmation of premium consumption resilience