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Diamond Power Infrastructure is engaged in the manufacturing of power cables and conductors, offering a wide product range from 1.1 kV to 400 kV. Its clientele includes utilities, EPC contractors, renewable energy developers, and industrial customers.
On the financial front, the company reported a sharp 693% year-on-year jump in consolidated net profit to Rs 49.72 crore, driven by a 54.2% increase in net sales to Rs 474.08 crore in Q3 FY26 compared with Q3 FY25.
In addition, Adani Electricity Mumbai awarded a contract worth Rs 100.54 crore for supply of high-tension cables, to be executed between April 2026 and February 2027.
The company also secured an order worth Rs 19.57 crore from Adani Green Energy for supply of cables, which is to be executed within 15 days from the issuance of the letter of intent.
All three contracts are domestic in nature and involve supply of cables across different applications. The company clarified that none of the orders fall under related party transactions.
Diamond Power Infrastructure manufactures power cables and conductors. The company offers a comprehensive range of products from 1.1 kV to 400 kV, catering to utilities, EPC contractors, renewable energy developers, and industrial customers.
The company's consolidated net profit zoomed 693% to Rs 49.72 crore on a 54.2% surge in net sales to Rs 474.08 crore in Q3 FY26 over Q3 FY25.
The company clarified that neither the promoter nor the promoter group has any interest in the awarding entity. The contract does not fall under related party transactions.
Diamond Power Infrastructure is engaged in the business of manufacturing transmission & distribution of power products & services in India. The company's consolidated net profit zoomed 693% to Rs 49.72 crore on a 54.2% surge in net sales to Rs 474.08 crore in Q3 FY26 over Q3 FY25.