Nuvama Wealth reported FY26 operating PAT of INR1,050 crores, crossing the INR1,000 crore milestone, with wealth segment profits growing 23% YoY.
The company declared a dividend of INR14 for H2 FY26, consistent with its policy to pay 50% of profits as dividends.
Asset services business fully recovered from a Q1 client loss, with Q4 revenues exceeding Q1 and full-year growth of 12% despite market headwinds.
Management highlighted strategic progress in Asset Management, including new fund launches in private credit and commercial real estate targeting INR3,000-4,000 crores.