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via economictimes.indiatimes.comBusiness & Companies

Nuvama Wealth Management: Q2 profit up 19% YoY to Rs 304 crore

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Nuvama Wealth Management Ltd achieved a consolidated net profit of Rs 303.5 crore for Q2 FY27. The company saw a revenue increase of 20.35% to Rs 1,366 crore for the same quarter. Client assets reached Rs 5.5 lakh crore, reflecting a 25% year-on-year growth. Wealth management…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSolid profit and revenue growth at a wealth manager, relevant for the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Consolidated net profit for Q2 FY27 was Rs 303.5 crore.
  2. 02Revenue rose 20.35% to Rs 1,366 crore.
  3. 03Client assets reached Rs 5.5 lakh crore, up 25% year on year.

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