Nuvama Wealth Management Q2 results show profit rising 19.5% to ₹303.5 crore

Varda Khade - 0 min read

Last Updated: 9th November 2026 - 04:40 pm

Nuvama Wealth Management Q2 results showed consolidated net profit rising 19.5% to ₹303.5 crore in Q2 FY27 from ₹254 crore in the year-ago quarter. The company reported the result for the September quarter in a regulatory filing. Revenue from operations also increased during the quarter.

Nuvama’s Q2 FY27 profit reached ₹303.5 crore

Nuvama Wealth Management reported consolidated net profit of ₹303.5 crore for the September quarter of FY27, compared with ₹254 crore in the year-ago period.

Asset Services revenue rose 53% year on year to ₹245 crore in the second quarter, the company said.

In Q2 FY27, the company said its client assets had reached ₹5.5 lakh crore, an increase of 25% year on year.

Revenue from operations increased to ₹1,366 crore from ₹1,135 crore a year earlier, according to Nuvama Wealth Management Ltd.

Revenue from the Wealth Management business rose 14% year on year to ₹501 crore in Q2 FY27. Capital Markets revenue increased 9% year on year to ₹175 crore, the company said.

Ashish Kehair, MD & CEO of Nuvama Group, said operating profit grew 26% year on year in Q2 FY27.

Kehair also said return on equity remained at 29%.

Ashish Kehair cites a softer market environment for Capital Markets

Kehair said Capital Markets delivered its performance despite a softer market environment.

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