Nuvama Wealth Management Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Interest and Dividend Income	14,414	11,153	6,615	5,131	3,911
Total Interest Expense	6,581	5,417	3,728	2,106	2,088
Net Interest Income	7,833	5,736	2,887	3,024	1,823
Brokerage Commission	20,480	17,336	13,230	10,552	7,143
Gain on Sale of Investments (Rev)	-	-	-	-	894.39
Other Revenue	2,842	2,627	2,338	2,076	969.43
Revenue	31,155	25,699	18,455	15,653	10,830
Revenue Growth (YoY)	49.88%	39.25%	17.90%	44.53%	-
Salaries & Employee Benefits	10,524	8,910	7,287	6,004	5,067
Cost of Services Provided	450.43	450.43	526.08	297.64	357.25
Other Operating Expenses	7,380	6,921	5,691	5,582	2,710
Total Operating Expenses	20,008	17,940	14,472	12,655	8,733
Operating Income	11,147	7,759	3,983	2,998	2,096
Currency Exchange Gains	-11.64	-11.64	-12.81	-15.18	-50.68
Other Non-Operating Income (Expenses)	69.88	17.98	37.33	22.87	55.7
EBT Excluding Unusual Items	11,231	7,787	4,017	3,016	2,555
Impairment of Goodwill	-	-	-	-	-433.52
Gain (Loss) on Sale of Investments	-105.51	-105.51	-	6,316	-6,367
Other Unusual Items	1.1	443.9	40.17	18.91	-
Pretax Income	11,121	8,120	4,061	9,351	-4,244
Income Tax Expense	2,772	1,872	1,010	779.76	583.56
Earnings From Continuing Ops.	8,350	6,248	3,051	8,571	-4,828
Earnings From Discontinued Ops.	-	-	-	2.6	78.21
Net Income to Company	8,350	6,248	3,051	8,574	-4,750
Minority Interest in Earnings	7.59	4.79	0.22	-	-
Net Income	8,357	6,253	3,051	8,574	-4,750
Net Income to Common	8,357	6,253	3,051	8,574	-4,750
Net Income Growth	89.50%	104.96%	-64.42%	-	-
Shares Outstanding (Basic)	35	35	33	17	28
Shares Outstanding (Diluted)	37	36	33	35	28
Shares Change (YoY)	3.79%	8.37%	-5.44%	24.38%	-
EPS (Basic)	236.61	177.97	92.07	499.33	-168.59
EPS (Diluted)	228.97	174.14	92.07	244.67	-168.59
EPS Growth	82.59%	89.14%	-62.37%	-	-
Free Cash Flow	-15,727	-17,393	-19,438	-14,766	-11,353
Free Cash Flow Per Share	-430.88	-484.36	-586.62	-421.37	-402.95
Operating Margin	35.78%	30.19%	21.58%	19.15%	19.36%
Profit Margin	26.82%	24.33%	16.53%	54.78%	-43.86%
Free Cash Flow Margin	-50.48%	-67.68%	-105.33%	-94.33%	-104.83%
Effective Tax Rate	24.92%	23.05%	24.88%	8.34%	-
Revenue as Reported	37,807	31,577	22,304	17,833	12,980

Source: S&P Capital IQ. Capital Markets template. Financial Sources.