MUMBAI: A Leap in Financial Trust
In a significant endorsement of its financial health and operational excellence, Nuvama Wealth Management has seen its long-term credit rating upgraded to CARE AA by CareEdge Ratings, accompanied by a stable outlook. The agency also reaffirmed the company's short-term rating at CARE A1+.

Behind the Upgrade: A Story of Growth and Diversification
The upgrade is a testament to Nuvama Wealth's strong financial performance, consistent profitability, and a diversified business model that spans wealth management, asset services, asset management, and capital markets. This multifaceted approach has not only solidified its market presence but also enhanced its profitability.
Financial Highlights: A Year of Remarkable Achievements
As of March 31, 2025, Nuvama Group reported a 24% increase in consolidated client assets under advisory, reaching Rs 4.3 lakh crore. The consolidated profit after tax for FY25 stood at Rs 985 crore, marking a 58% growth from the previous year's Rs 625 crore.
Client Base: Serving the Affluent and Beyond
With over 12 lakh affluent customers and 4,250 HNI/UHNI families, Nuvama Group has cemented its position as the second-largest independent wealth management player in India. Its strong capitalization and expanding client base underscore its resilience and momentum in a rapidly evolving financial landscape.
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