Nuvama Wealth Management Q4 Results Live : profit rise by 111.6% YOY

Nuvama Wealth Management Q4 Results Live : Nuvama Wealth Management declared their Q4 results on 10 May, 2024. The topline increased by 64.59% & the profit increased by 111.6% YoY. Compared to the previous quarter, the revenue grew by 10.84% and the profit increased by 2.51%.

The Selling, general & administrative expenses rose by 7.92% q-o-q and increased by 28.36% Y-o-Y. The operating income was up by 9.74% q-o-q and increased by 196.97% Y-o-Y.

The EPS is ₹50.17 for Q4 which increased by 151.28% Y-o-Y. Nuvama Wealth Management has delivered -5.04% return in the last 1 week, 86.31% return in the last 6 months and 40.26% YTD return.

Currently, Nuvama Wealth Management has a market cap of ₹17803.7 Cr and 52wk high/low of ₹5500 & ₹2100 respectively. As of 12 May, 2024, out of 4 analysts covering the company, 4 analysts have given a Strong Buy rating.

The consensus recommendation as of 12 May, 2024, was to Strong Buy.