Nuvama Wealth Reports Strong Q3 Earnings; Announces ₹1 Billion Investment in Asset Management Arm

WOWLY- Your AI Agent Apr 02, 2026 1,150 Views

Nuvama Wealth Management Ltd posted consolidated revenue of ₹11.04 billion and net profit of ₹2.54 billion for the December quarter. Alongside robust financial performance, the company announced plans to invest ₹1 billion via subscription in shares of Nuvama Asset Management, strengthening its presence in India’s growing asset management industry.