Nuvama Wealth Management Limited has informed the Exchange regarding 'Amendment to the Code of Practices and Procedures for Fair Disclosure ofUnpublished Price Sensitive Information'.
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Nuvama Wealth Management's board, at its August 13, 2025 meeting, approved the consolidated and standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Consolidated total income rose to Rs 1,124.61 crore from Rs 952.68 crore in Q1 FY25, an increase of about 18% year-on-year. Consolidated net profit grew to Rs 263.87 crore, up roughly 20% YoY, with basic EPS at Rs 73.36 versus Rs 62.51. All three segments showed growth: wealth management delivered PBT of Rs 118.34 crore, capital markets PBT of Rs 227.38 crore, and asset management turned profitable at Rs 1.88 crore. The board also approved incorporating new wholly-owned subsidiaries in India and the UAE, and amended the Code of Fair Disclosure under SEBI's Insider Trading Regulations.
Strong all-round Q1 performance with broad-based segment growth is likely to support positive investor sentiment. Expansion into new geographies signals growth ambitions, though the pending Supreme Court cases involving subsidiary NCSL and a recent Income Tax survey remain items to watch.