Nuvama Wealth Management Limited has informed the Exchange that Record date for the purpose of Dividend is 15-May-2026.
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Nuvama Wealth Management's Board declared an interim dividend of Rs. 14 per equity share (face value Rs. 2) for FY 2026-27. The record date is May 15, 2026, and the dividend will be paid on or before June 9, 2026. For FY 2025-26, standalone net profit declined to Rs. 567.23 crore from Rs. 597.71 crore in the previous year, while consolidated net profit grew to Rs. 1,040.26 crore from Rs. 985.06 crore. Basic EPS (standalone) fell to Rs. 31.38 from Rs. 33.54. The company also received Rs. 250.17 crore as dividend from subsidiaries post-quarter. The auditors issued an unmodified opinion on the audited financial results.
The interim dividend provides income to shareholders, though standalone profit decline may concern some investors. The strong consolidated performance indicates solid group-level earnings. Shareholders on record May 15 will receive the dividend.