Nuvama Wealth Posts 19% Profit Jump in Q2 as Client Assets Surge to Rs 5.5 Lakh Crore
Nuvama Wealth Management Ltd reported a consolidated net profit of Rs 303.5 crore for the second quarter of FY27, up 19% year-on-year, supported by broad-based growth across wealth management, asset services and capital markets. Revenue rose 20.35% to Rs 1,366 crore, while client assets climbed 25% to Rs 5.5 lakh crore, underscoring the firm’s strong operating momentum and a robust return on equity of 29%.
