Nuvama Wealth Management's Q2 FY 2025-26 Quarterly Results

Result Summary

• Nuvama Wealth Management Ltd reported a 1.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.7%.
• Its expenses for the quarter were up by 4.6% QoQ and 13.7% YoY.
• The net profit decreased 3.7% QoQ and decreased 1.3% YoY.
• The earnings per share (EPS) of Nuvama Wealth Management Ltd stood at 68.14 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Nuvama Wealth Management Ltd is a prominent entity in the financial services sector, focusing on wealth management solutions. The company provides a range of services including investment advisory, portfolio management, and financial planning tailored to individual and institutional clients. As a key player in the industry, Nuvama Wealth Management Ltd is known for its client-centric approach and innovative financial solutions. While the specific recent developments pertaining to the company are not available, it is known that companies in this sector often adapt to regulatory changes and market dynamics.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Nuvama Wealth Management Ltd recorded a total income of ₹1137.93 crores, marking a 1.2% increase from the previous quarter (Q1FY26) where the total income was ₹1124.61 crores. This also reflects a year-over-year (YoY) growth of 7.7% compared to the second quarter of the previous fiscal year (Q2FY25), which had a total income of ₹1056.84 crores. These figures indicate a consistent upward trend in revenue generation over the past year.

Profitability

The profitability metrics for Q2FY26 show a decline when compared to the previous quarter. The Profit Before Tax (PBT) stood at ₹334.63 crores, reflecting a decrease of 4.2% from Q1FY26, which recorded a PBT of ₹349.20 crores. On a YoY basis, the PBT decreased by 3.8% from ₹347.70 crores in Q2FY25. The Profit After Tax (PAT) for Q2FY26 was ₹253.98 crores, down by 3.7% from the previous quarter and 1.3% lower than Q2FY25. The earnings per share (EPS) also decreased by 3.6% QoQ, from ₹70.70 in Q1FY26 to ₹68.14 in Q2FY26, and by 3.3% YoY from ₹70.45 in Q2FY25.

Operating Metrics

The total expenses for Nuvama Wealth Management Ltd in Q2FY26 amounted to ₹807.34 crores, which is a 4.6% increase from Q1FY26's total expenses of ₹771.59 crores. When compared to Q2FY25, where total expenses were ₹709.97 crores, there is a 13.7% rise, indicating a notable increase in operational costs over the year. The tax expense for Q2FY26 was ₹85.25 crores, decreasing by 1.8% from the previous quarter and by 5.3% YoY. These changes in expenses and tax figures highlight the variations in the operational dynamics of the company over the quarters.