NUVAMA Nuvama Wealth Management Q3 FY26 results (Oct–Dec 2025) and concall
Nuvama Wealth delivered a resilient Q3 FY26, characterized by strong momentum in its core Wealth Management and Lending businesses, which offset moderation in Capital Markets. The company is successfully transitioning its revenue mix toward recurring 'Wealth' streams (now 57% of total). Management highlighted strategic expansions into SIF (Specialized Investment Funds) and RTA services to drive future growth, while maintaining a disciplined cost-to-income ratio of 53%.
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What they filed
Q3 FY26: revenue up 4.9%, net profit up 35.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 516 | 385 | 218 | 422 | 188 −64% | 404 +5% |
| EBITDA | 371 | 251 | 64 | 278 | 76 −80% | 313 +25% |
| Net profit | 317 | 207 | 27 | 221 | 46 −85% | 280 +35% |
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.
