V-Mart Retail, Marico, Devyani among 80+ firms reporting Q1FY25 earnings today
A crowded Q1FY25 results day features retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions and Godrej Consumer Products, alongside consumer majors HUL, Nestle India and Reliance that have already reported. Bharti Airtel posts ARPU of Rs 211 with India revenue up 1.9% QoQ.
What happened
Q1FY25 earnings season roundup: over 80 companies including retail-relevant names V-Mart Retail, Marico, Devyani International, Monte Carlo Fashions, and Godrej
Key facts
- Bharti Airtel ARPU Rs 211
- India revenue +1.9% QoQ
- EBITDA margin 53.7%
Why this matters
The simultaneous multi-sector earnings dump surfaces relative-value gaps across retail, QSR and FMCG that could sharpen your target screening and timing for consolidation plays.
What to watch
- Management commentary on rural vs urban demand split
- Input-cost/raw-material trajectory in FMCG margin guidance
- QSR same-store-sales and dine-in vs delivery mix
- Value-retail footfall and realization per sq ft
- Consensus revisions in the 48h after results
- Screen each retail name's SSSG, gross margin, and store-addition guidance against consensus rather than headline PAT
- Build a read-across matrix: Marico/GCPL rural demand signals -> broader staples; Devyani -> QSR peers (Sapphire, Jubilant)
- Flag names with post-market reaction lag as potential next-day catch-up trades
- Cross-check Airtel ARPU (Rs 211) as consumer-wallet proxy for discretionary spend headroom