V-Mart Retail resurfaces among 80+ companies that reported Q1FY25 earnings on August 5, 2024
Financial Express roundup, resurfacing from August 5, 2024, lists V-Mart Retail, Marico, Godrej Consumer, Devyani International and Airtel among firms reporting Q1FY25 results; no V-Mart-specific numbers disclosed in this preview.
What happened
Roundup of Q1FY25 earnings from over 80 Indian companies including retail/consumer names V-Mart Retail, Marico, Godrej Consumer Products, Devyani International,
Key facts
- Deepak Nitrite Q1FY25 net profit Rs 202.53 crore, up 35.1%
- Revenue Rs 2,166.84 crore, up 22.5%
- EBITDA Rs 309.2 crore, up 47.4%
- Airtel mobile ARPU Rs 211 vs Rs 200
- Airtel EBITDA margin 53.7%
Why this matters
No strategic or financial detail on V-Mart is disclosed here, so there's nothing actionable for deal or partnership evaluation yet.
What to watch
- Actual SSSG (same-store-sales-growth) number disclosed in results
- Gross margin trend vs cotton/input cost deflation narrative
- Any commentary on rural vs urban demand divergence
- Store addition/closure pace and capex guidance for FY25
- Stock price reaction in first hour of trade post-results vs sector peers
- Track V-Mart's actual Q1FY25 revenue/EBITDA print vs consensus once released later today
- Compare V-Mart commentary against Godrej Consumer/Marico rural demand signals for cross-validation of value-retail recovery thesis
- Watch management call for FY25 store expansion plans and festive-season guidance
- Monitor peer value-retail names (V2 Retail, Vishal Mega Mart post-listing) for sector read-through