ALPHA TRIBE

Nuvama Wealth Management LimitedResults, 31-01-2025: Integrated Filing- Financial

31-01-2025 | 07:57 pm

Nuvama Wealth Management has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The integrated filing indicates total revenue from operations of ₹1,031.82 crore, with a net profit of ₹251.71 crore for the quarter. The company's strong revenue stream reflects its diverse business segments, and key metrics, including a healthy interest service coverage ratio of 2.64, demonstrate solid financial health. Investor sentiment remains positive, bolstered by improved net profit margins and comprehensive income growth, positioning Nuvama favorably for future opportunities.

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