Nuvama reported a steady Q2 FY26, led by Wealth Businesses with a 27% YoY profit growth. Asset Services and Capital Markets showed resilience. An interim dividend of approximately US $0.79 per share was declared for the half-year ended September 30, 2025. The company also announced a sub-division of equity shares from ₹10 to ₹2 face value.
Financial Performance Overview
Nuvama announced its financial results for Q2 FY26, showcasing solid performance across its key business segments.
Wealth Management Business
The Wealth Management division stood out with a 27% YoY increase in profit. The company’s Wealth and Private businesses were key drivers of growth in Q2 FY26. Profit before tax from these segments increased 27% YoY in Q2 and 23% YoY in H1.
Asset Services and Capital Markets
The Asset Services and Capital Markets businesses demonstrated strong resilience amidst market moderation, reinforcing the company’s balanced growth strategy.
Dividend Announcement
Nuvama declared an interim dividend of approximately US $0.79 per share for the half-year which ended on September 30, 2025.
Equity Sub-Division
The company announced a sub-division of its equity shares, reducing the face value from ₹10 to ₹2.
Key Financial Metrics (US $ Mn)
Total Revenue for H1 FY26 reached $174, a 10% increase YoY.
Total Costs for H1 FY26 were $97 Mn, up by 12% YoY.
Operating PAT for H1 FY26 stood at $59 Mn, with YoY growth of 8%.
Segmental Highlights
Wealth Management: Client assets of US $12,177 Mn, grew by 8% YoY.
Asset Management: AUM of US $1,342 Mn, increased by 15% YoY.
Asset Services: Assets under clearing and custody stood at US $11,977 Mn.
Source: BSE
