Nuvama Wealth Management profit rises 19% to Rs 304 crore
In short
Nuvama Wealth Management reported a consolidated net profit of Rs 303.5 crore for Q2 FY27, up 19% year on year. Revenue rose 20.35% to Rs 1,366 crore, and client assets reached Rs 5.5 lakh crore, up 25%.
The results suggest the company’s business grew across wealth management, asset services and capital markets. Its return on equity stayed strong at 29%.
What the reporting says
Nuvama Wealth Management Ltd reported a consolidated net profit of Rs 303.5 crore for Q2 FY27, up 19% year on year. Revenue rose 20.35% to Rs 1,366 crore, and client assets reached Rs 5.5 lakh crore, up 25% from a year earlier. The growth was driven by wealth management, asset services and capital markets, with return on equity at 29%.
Why it matters
Nuvama Wealth Management Ltd reported a stronger Q2 FY27 performance, with consolidated net profit at Rs 303.5 crore and revenue at Rs 1,366 crore. Client assets rose to Rs 5.5 lakh crore, showing 25% annual growth.