FilingReader Intelligence
Nuvama Wealth Management reports 19% profit jump to ₹264cr
August 13, 2025 at 07:12 PM UTC•By FilingReader AI
Nuvama Wealth Management reported a 19% year-over-year increase in operating profit to ₹264cr for Q1 FY26. Total revenues grew 15% to ₹770cr, with client assets reaching ₹4.6 trillion, up 19% year-over-year.
The company's wealth and asset management segments saw robust growth, with revenues up 18% year-over-year and asset services revenues increasing by 46%.
The board approved incorporating wholly owned subsidiaries in India and the UAE.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:NUVAMA•Bombay Stock Exchange
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