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Nuvama Wealth Management consolidated net profit rises 101.84% in the December 2023 quarter

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Sales rise 45.30% to Rs 840.64 crore

Net profit of Nuvama Wealth Management rose 101.84% to Rs 176.33 crore in the quarter ended December 2023 as against Rs 87.36 crore during the previous quarter ended December 2022. Sales rose 45.30% to Rs 840.64 crore in the quarter ended December 2023 as against Rs 578.54 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales840.64578.54 45 OPM %52.8841.98 -PBDT275.32134.56 105 PBT230.68111.93 106 NP176.3387.36 102

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First Published: Feb 13 2024 | 6:17 PM IST

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