Nuvama reported steady Q2 FY26 results, driven by wealth businesses, which saw a 27% YoY profit increase. An interim dividend of ₹70 per share was declared. The company also announced a stock sub-division from ₹10 to ₹2 face value. The consolidated PAT stood at ₹518 Cr for the first half of the fiscal year, up 8% YoY.
Financial Performance Highlights
Nuvama’s Wealth and Private businesses led growth in Q2 FY26. The Profit before tax from these segments rose 27% YoY in Q2 and 23% YoY in H1. The company’s other businesses sustained resilience. H1 FY26 PAT stood at ₹518 Cr, up 8% YoY.
Dividend and Stock Sub-Division
The board declared an interim dividend of ₹70 per share for the half-year ended September 30, 2025. Nuvama also announced a sub-division of Equity Shares from ₹10 to ₹2 Face Value.
Segmental Performance
Wealth Management revenues were ₹438 Cr in Q2, up 26% YoY, and ₹815 Cr in H1, up 22% YoY. The PBT for wealth management stood at ₹151 Cr in Q2, up 27% YoY, and ₹274 Cr in H1, up 23% YoY. Client Assets Stood at ₹3,18,573 Cr at the end of Q2. Asset Management fee was ₹17 Cr in Q2, up 20% YoY. Closing AUM stood at ₹11,878 Cr at the end of Q2 FY26, up 15% YoY. Asset Services revenues were ₹160 Cr in Q2, up 5% YoY. Capital Markets revenues were ₹161 Cr in Q2, down 28% YoY.
Source: BSE
