Nuvama Wealth net profit doubles to ₹178 crore in Q3

Nuvama Wealth Management (formerly Edelweiss Securities) on Tuesday said its net profit almost doubled to ₹178 crore in the December quarter on the back of all-round growth in fee-based businesses. The wealth management firm had posted a net profit of ₹90 crore in the year-ago period. The firm’s revenue rose 38 per cent in the …

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