announced mixed results in the second quarter that ended in September 2025 after market hours on Tuesday.
The consolidated profit during the said quarter stood at ₹254.13 crore as against ₹257.64 crore in the same quarter last year. Meanwhile, the total revenue from operations rose by 7.7 per cent to ₹1,137.71 crore in Q2 FY26 as against ₹1,056.84 crore in Q2 FY25.
On a standalone basis, the profit fell 85 per cent to ₹46.35 crore in the quarter under review compared to ₹316.84 crore in the year-ago period.
Commenting on the performance, Ashish Kehair, MD & CEO of Nuvama Group, emphasised that the wealth management segment continues to attract robust new flows.
“In asset management, we secured in-principle approval to set up a mutual fund, which will enable us to launch SIFs; in asset services, we continue to see y-o-y growth led by higher engagement with our existing and new clients; and in capital markets, while secondary volumes remain under some pressure, the primary and fixed income revenue streams continue to perform well.
“Overall, cross-business collaboration continues to amplify client value and enterprise growth,” Kehair added.
The board approved interim dividend of ₹70 per share of face value of 10 each for the FY25-26, and fixed record date as November 11, 2025.
It also announced sub-division of equity shares in the ratio of 1:5.
In addition, the board approved an investment of ₹200 crore towards the subscription of rights issue of Nuvama Wealth Finance Ltd, a wholly-ownwed material subsidiary.
The stock on Tuesday closed flat at ₹7153.40 on the . Market is closed on Wednesday on account of Guru Nanak Jayanti.