Nuvama Group Reports Steady Q2 FY26; Wealth Businesses Lead with 27% YoY Profit Growth

 Nuvama Wealth Management Limited (NSE, BSE: NUVAMA), one of India’s leading Wealth Management companies, reported its financial results and business performance for the quarter ending 30^th September 2025. Nuvama’s Wealth and Private businesses continued to drive growth in Q2 FY26, supported by strong client engagement, sustained net flows, and deepening relationships. Profit before tax from these segments rose 27% YoY in Q2 and 23% YoY in H1, underscoring the strength of Nuvama’s wealth platform. Other businesses sustained resilience despite market moderation, reinforcing the Group’s balanced growth strategy. 

Commenting on the performance Ashish Kehair, MD & CEO of Nuvama Group said, “India’s long-term growth trajectory remains robust. While short-term volatility persists, we are seeing encouraging signs of stability across the markets, supported by strong domestic liquidity, resilient corporate earnings, and steady investor participation. Our focus on structurally strong and synergistic businesses continues to yield sustained growth momentum and the diversity of our revenue streams enhances resilience through cycles. Our H1 FY26 PAT stood at 518 Cr, up 8% YoY. Positive business momentum continues across segments; Wealth Management continues to attract robust new flows; in Asset Management, we secured in-principle approval to set up a mutual fund, which will enable us to launch SIFs; in Asset Services, we continue to see YoY growth led by higher engagement with our existing and new clients; and in Capital Markets, while secondary volumes remain under some pressure, the primary and fixed income revenue streams continue to perform well. Overall, cross-business collaboration continues to amplify client value and enterprise growth.”