Nuvama broadcasts 1:5 inventory cut up, Rs 70 per share interim dividend

Nuvama Wealth Administration on Tuesday introduced a 1:5 inventory cut up and an interim dividend of Rs 70 per fairness share for the monetary yr 2025-26. The corporate has set November 11 because the report date for the interim dividend whereas it’ll announce the report date for sub-division of fairness shares at a later date.

The interim dividend will probably be paid on or earlier than December 3, 2025, the corporate’s submitting to the exchanges mentioned.

Below the inventory cut up, firm’s every totally paid-up fairness share having face worth of Rs 10 per share will probably be sub-divided into 5 fairness shares having face worth of Rs 2 per totally paid-up fairness share.

The bulletins had been made after market hours together with firm’s Q2 earnings the place the asset administration firm reported a drop of 1.4%

in its September quarter consolidated web revenue at Rs 254 crore in comparison with Rs 258 crore posted within the yr in the past interval. The bottomline declined 3.7% on a sequential foundation versus Rs 264 crore in Q1FY26.

Additionally Learn: NSE Q2 Outcomes: Cons PAT falls 33% YoY to Rs 2,098 crore, income declines 18%

The entire income from operations within the quarter below overview stood at Rs 1,138 crore, up 7.6% in comparison with Rs 1,057 crore within the corresponding quarter of the final monetary yr. The topline grew over 1% on a quarter-on-quarter foundation as in opposition to Rs 1,125 crore within the April-June quarter of FY26.

Section income

— The price and fee revenue stood at Rs 564 crore in Q2FY26 versus Rs 528 crore in Q1FY26 and Rs 554 crore in Q2FY25.

— Curiosity Revenue income stood at Rs 435 crore in Q2FY26 versus Rs 504 crore in Q1FY26 and Rs 406 crore in Q2FY25.

— The online acquire on truthful worth modifications stood at Rs 136 crore in Q2FY26 versus Rs 90 crore in Q1FY26 and Rs 93 crore in Q2FY25.

Additionally Learn: Adani Enterprises Q2 Outcomes: Cons revenue soars 84% YoY to Rs 3,199 crore regardless of 6% drop in income

Nuvama’s bills shot-up to Rs 803 crore within the reported quarter versus Rs 775 crore within the June ended quarter and Rs 709 crore within the yr in the past interval.

Shares of Nuvama at present ended the day at Rs 7,170 on the NSE, gaining by Rs 37 or 0.52%.

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