How has been the historical performance of Nuvama Wealth?

Answer:The historical performance of Nuvama Wealth shows significant growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025. Breakdown: Nuvama Wealth's net sales have increased consistently from INR 1,272.77 crore in March 2021 to INR 4,158.26 crore in March 2025. Total operating income followed a similar upward trend, reaching INR 4,158.26 crore in March 2025, up from INR 1,272.77 crore in March 2021. The company's operating profit (PBDIT) also saw substantial growth, rising from INR 440.01 crore in March 2021 to INR 2,227.25 crore in March 2025, reflecting an operating profit margin of 53.3% in the latest fiscal year. Profit before tax increased from a loss of INR 493.10 crore in March 2021 to a profit of INR 1,310.92 crore in March 2025, while profit after tax reached INR 977.68 crore in March 2025, compared to a loss of INR 551.31 crore in March 2021. The company's total assets grew from INR 5,209.01 crore in March 2020 to INR 28,357.57 crore in March 2025, with total liabilities also increasing to INR 28,357.57 crore in March 2025. Cash flow from operating activities improved significantly, though it remained negative at INR -371 crore in March 2025. Overall, Nuvama Wealth has demonstrated a strong upward trajectory in sales, profitability, and asset growth over the past few years.