Nuvama Wealth Management on Thursday stated its consolidated profit after tax (PAT) rose 19 per cent to Rs 264 crore within the April-June interval of the present fiscal.
Revenues throughout the first quarter of FY26 grew 15 per cent to Rs 770 crore, Nuvama stated in a press release.
Revenues from the Wealth Administration vertical elevated 18 per cent to Rs 377 crore within the June quarter, whereas closing AUM (asset under management) climbed 54 per cent to Rs 11,810 crore as on the finish of Q1 FY26.
“We stay assured in our differentiated worth proposition, positioning us effectively to seize consumer curiosity and ship sustainable, long-term development,” Ashish Kehair, MD & CEO of Nuvama Group, stated.
Shares of Nuvama Wealth Administration closed at Rs 6,966.10 apiece, up 0.55 per cent over the earlier shut on the BSE.
