V-Mart Retail, Marico among 80+ firms reporting Q1FY25 earnings on August 5
A crowded earnings day sees V-Mart Retail, Marico, Devyani International, Godrej Consumer Products and Monte Carlo Fashions post Q1FY25 results, alongside consumer and industrial majors already out including Bharti Airtel (ARPU Rs 211) and Deepak Nitrite (profit Rs 202.53 crore, up 35.1%).
What happened
Q1FY25 earnings season roundup; V-Mart Retail, Marico, Devyani International, Godrej Consumer Products and Monte Carlo Fashions among 80+ firms reporting August
Key facts
- Bharti Airtel ARPU Rs 211
- India revenue +1.9% QoQ
- EBITDA margin 53.7%
- Deepak Nitrite profit Rs 202.53 crore up 35.1%
Why this matters
The clustered multi-brand retail and consumer earnings on August 5 provide a timely comp set for valuation, positioning and potential consolidation targets across apparel, FMCG and QSR.
What to watch
- Marico/GCPL management commentary on rural vs urban demand split
- Gross margin trends signaling raw-material (copra, palm oil) cost cycle
- Devyani same-store sales and unit-economics disclosure
- V-Mart inventory and net store count post-expansion
- Aggregate Q1 beat/miss ratio across the 80+ cohort setting market tone
- Screen for volume growth vs price-led growth in FMCG names to gauge demand quality
- Compare V-Mart SSSG and gross margin against value-retail peers (Vishal, Trent)
- Watch Devyani SSSG and store-addition guidance for QSR read-across (Jubilant, Sapphire)
- Track FII/DII positioning in consumer basket ahead of festive season restocking