Nuvama Wealth Management reported a 5.3 per cent y-o-y rise in consolidated net profit for the March quarter of FY26 at ₹269.15 crore, compared with ₹255.41 crore in the corresponding quarter last year, supported by growth across its diversified financial services businesses.

Total revenue from operations increased 13.3 per cent y-o-y to ₹1,269.14 crore in Q4FY26, from ₹1,119.81 crore a year ago.

For FY26, consolidated profit rose 5.5 per cent y-o-y to ₹1,041.04 crore, against ₹986.17 crore in FY25.

The board approved an interim dividend of ₹14 per share and fixed May 15, 2026, as the record date. The dividend will be paid on or before June 9, 2026.

Ashish Kehair, Managing Director and Chief Executive Officer of Nuvama Group, said FY26 remained challenging amid macro uncertainty, volatile markets, regulatory changes and heightened competition, but the company delivered resilient growth through disciplined execution and strong client focus.

He said the company continued to invest in talent, AI, technology and product capabilities in its wealth management business, while asset services attracted flows from both domestic and international clients despite market volatility. Kehair added that the company maintained its equity market share in capital markets and continued to expand its fixed income business through stronger origination and distribution capabilities.

The management said the company remains well positioned for sustained long-term growth, backed by its diversified platform, governance-led approach and strong client relationships.

At 10.44 am, the stock traded at ₹1,572.60, down 1.67 per cent after hitting a low of ₹1553.60 from the previous close of ₹1,598.80.

Published on May 12, 2026