Nuvama Wealth Finance Sees Quarterly Profit Jump

Nuvama Wealth Finance has reported robust financial performance for the quarter ending March 2026. The company's net profit surged by 12.97%, reaching Rs 10.54 crore, a notable increase from Rs 9.33 crore in the corresponding quarter of the previous year. This quarterly growth was underpinned by a significant 29.06% rise in sales, which amounted to Rs 184.19 crore for the March 2026 quarter, up from Rs 142.72 crore a year prior.

However, the company's performance for the full fiscal year ended March 2026 presents a different picture. Net profit for the year declined by 2.94% to Rs 89.59 crore, compared to Rs 92.30 crore in the previous fiscal year. Despite this profit dip, sales for the full year showed a positive trend, increasing by 15.18% to Rs 728.31 crore from Rs 632.30 crore.