The interim dividend will be paid on or before December 3, 2025, the company’s filing to the exchanges said.
Under the stock split, company’s each fully paid-up equity share having face value of Rs 10 per share will be sub-divided into 5 equity shares having face value of Rs 2 per fully paid-up equity share.
The announcements were made after market hours along with company’s Q2 earnings where the asset management company reported a drop of 1.4%
in its September quarter consolidated net profit at Rs 254 crore compared to Rs 258 crore posted in the year ago period. The bottomline declined 3.7% on a sequential basis versus Rs 264 crore in Q1FY26.
Also Read: NSE Q2 Results: Cons PAT falls 33% YoY to Rs 2,098 crore, revenue declines 18%
The total revenue from operations in the quarter under review stood at Rs 1,138 crore, up 7.6% compared to Rs 1,057 crore in the corresponding quarter of the last financial year. The topline grew over 1% on a quarter-on-quarter basis as against Rs 1,125 crore in the April-June quarter of FY26.
Segment revenue
— The fee and commission income stood at Rs 564 crore in Q2FY26 versus Rs 528 crore in Q1FY26 and Rs 554 crore in Q2FY25.
— Interest Income revenue stood at Rs 435 crore in Q2FY26 versus Rs 504 crore in Q1FY26 and Rs 406 crore in Q2FY25.
— The net gain on fair value changes stood at Rs 136 crore in Q2FY26 versus Rs 90 crore in Q1FY26 and Rs 93 crore in Q2FY25.
Also Read: Adani Enterprises Q2 Results: Cons profit soars 84% YoY to Rs 3,199 crore despite 6% drop in revenue
Nuvama’s expenses shot-up to Rs 803 crore in the reported quarter versus Rs 775 crore in the June ended quarter and Rs 709 crore in the year ago period.
Shares of Nuvama today ended the day at Rs 7,170 on the NSE, gaining by Rs 37 or 0.52%.
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)