NUVAMA Nuvama Wealth Management Q1 FY26 results (Apr–Jun 2025) and concall
Nuvama delivered a robust Q1 FY26 performance characterized by broad-based growth across wealth and asset management segments despite a range-bound macro environment. The company is successfully pivoting towards an annuity-led model, with Managed Products and Investment Solutions (MPIS) now forming the majority of wealth revenues. Management remains optimistic about structural growth in the upper end of the 'K-curve' segment, despite near-term headwinds in capital markets and specific regulatory impacts in asset services.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 516 | 385 | 218 | 422 |
| EBITDA | 371 | 251 | 64 | 278 |
| Net profit | 317 | 207 | 27 | 221 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





