Nuvama Wealth Management Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Nuvama Wealth Management's board has approved the consolidated financial results for the quarter ending June 30, 2025. The company reported a net profit of Rs. 263.87 Cr and total revenue of Rs. 1,122.65 Cr.

Additionally, the board greenlighted the incorporation of two new wholly-owned subsidiaries: Nuvama Trusteeship Company Limited in India, focusing on corporate trusteeship services, and Nuvama Investment Advisors (UAE) LLC in the UAE, aiming to expand financial product services to clients in the region. This signals strategic expansion both domestically and internationally. #Nuvama #WealthManagement #FinancialResults