Nuvama Wealth Management Limited — Important, 28-05-2025: Updates

Nuvama Wealth Management reported a 41% YoY revenue growth to ₹2,901 Cr and a 65% jump in operating PAT to ₹986 Cr for FY25. Client assets rose 24% to ₹4.3 trillion. Key segments showed strong gains: Wealth Management up 20%, Asset Services surged 85%, and Capital Markets grew 16% in Q4. The firm expanded its relationship manager base, boosted offshore presence, and rolled out AI-driven digital tools, driving improved RoE to 31.5%. A dividend of ₹69/share has been declared.