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Nuvama Wealth Management consolidated net profit rises 42.97% in the December 2024 quarter

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Sales rise 22.74% to Rs 1031.82 crore

Net profit of Nuvama Wealth Management rose 42.97% to Rs 252.10 crore in the quarter ended December 2024 as against Rs 176.33 crore during the previous quarter ended December 2023. Sales rose 22.74% to Rs 1031.82 crore in the quarter ended December 2024 as against Rs 840.64 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var.Sales1031.82840.64 23 OPM %56.1452.88 -PBDT358.12275.32 30 PBT334.08230.68 45 NP252.10176.33 43

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First Published: Feb 01 2025 | 7:44 AM IST

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