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(26 Oct 2024, 07:42)

Nuvama Wealth Management consolidated net profit rises 77.47% in the September 2024 quarter

Sales rise 42.99% to Rs 1051.35 crore

Net profit of Nuvama Wealth Management rose 77.47% to Rs 257.64 crore in the quarter ended September 2024 as against Rs 145.17 crore during the previous quarter ended September 2023. Sales rose 42.99% to Rs 1051.35 crore in the quarter ended September 2024 as against Rs 735.26 crore during the previous quarter ended September 2023.

ParticularsQuarter Ended
Sep. 2024Sep. 2023% Var.
Sales1051.35735.26 43
OPM %53.5748.97 -
PBDT368.83215.79 71
PBT347.34191.42 81
NP257.64145.17 77

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