Nuvama Wealth announces 1:5 stock split & ₹70 dividend, mixed q2 results

Nuvama Wealth Management’s total revenue from operations rose by 7.7% to ₹1,137.71 crore in Q2 FY26 as against ₹1,056.84 crore in Q2 FY25.

Nuvama Wealth Management 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 BSE. Market is closed on Wednesday on account of Guru Nanak Jayanti.

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Published on November 5, 2025