PFA intimation wrt Dividend
Awaiting price reaction for this filing.
Nuvama Wealth Management's board, at its May 28, 2025 meeting, declared an interim dividend of Rs. 69 per equity share (face value Rs. 10) for FY 2025-26, with June 3, 2025 fixed as the record date and payment on or before June 26, 2025. The announcement came alongside audited Q4 and FY25 results, where consolidated net profit surged to Rs. 985.06 crore from Rs. 624.84 crore in FY24, a 57.7% jump, with EPS rising to Rs. 276.66 (basic). Standalone net profit for FY25 stood at Rs. 597.71 crore (vs Rs. 98.09 crore), supported by strong growth in capital markets and fee income. The board also appointed M/s. SVVS & Associates as Secretarial Auditors for five years (FY26–FY30).
The Rs. 69 interim dividend represents a meaningful payout on a stock with a high share price, rewarding shareholders alongside strong earnings growth. The stock may see mild positive sentiment around the record date, though the ex-dividend adjustment is the main near-term price effect.