V-Mart Retail, Marico among 80+ firms reporting Q1FY25 earnings on Aug 5
A heavy earnings day featuring retail-relevant names V-Mart Retail, Marico, Devyani International and Monte Carlo Fashions, alongside consumer majors Nestle India, HUL and Godrej Consumer. Bharti Airtel flagged ARPU of Rs 211 and EBITDA margin of 53.7%.
What happened
Q1FY25 earnings day with 80+ companies reporting, including retail-relevant names V-Mart Retail, Marico, Devyani International and Monte Carlo Fashions.
Key facts
- 80+ companies reporting Aug 5 2024
- ARPU Rs 211
- EBITDA margin 53.7%
Why this matters
The simultaneous prints across retail and consumer majors provide a timely valuation and demand baseline for screening M&A or partnership targets in the discretionary retail space.
What to watch
- FMCG volume growth prints above/below 5-6% consensus
- Rural demand recovery language in management calls
- Gross margin trajectory as input costs (palm, crude) shift
- V-Mart SSSG and store-addition guidance
- Devyani same-store sales and net store adds
- Screen same-day prints for volume-growth vs price-led growth split across staples names
- Compare Marico/HUL/Nestle rural vs urban commentary for demand-mix confirmation
- Pair-trade staples (defensive) vs discretionary (V-Mart, Monte Carlo) into results
- Watch Devyani QSR SSSG as proxy for eating-out discretionary spend