Nuvama Wealth Management Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Nuvama Wealth Management reported a robust consolidated net profit of Rs. 985.06 Cr for the quarter and year, rising sharply from Rs. 624.84 Cr last year, with a healthy net profit margin of 23.63%. Standalone profit jumped to Rs. 597.71 Cr versus Rs. 98.09 Cr previously, boosting EPS to Rs. 167.68. An interim dividend of Rs. 69 per share was declared. The board also approved appointing SVVS & Associates LLP as Secretarial Auditors for five years, pending shareholder nod.