Hot Pursuit     24-Mar-25
Diamond Power Infra hits the roof after bagging LoI from Adani Green for Rs 215 crore project
Diamond Power Infrastructure was locked in 5% upper circuit at Rs 99.09 after the company announced that it has received a letter of intent (LoI) from Adani Green Energy for a project worth Rs 214.65 crore.

The contract is for supplying Conductors for Adani Green’s Khavda Power Project, which is located in the state of Gujarat.

Diamond Power Infrastructure (DPIL) is one of the oldest cables and conductors manufacturers in India and one of the fastest growing FMEG companies. DPIL was acquired through the NCLT process by GSEC-Monarch Group.

The company had reported a net profit of Rs 6.42 crore in the quarter ended December 2024 as against net loss of Rs 5.28 crore during the previous quarter ended December 2023. Sales rose 412.71% to Rs 307.42 crore in Q3 FY25 from Rs 59.96 crore in Q3 FY24.

Previous News
  Diamond Power Infrastructure reports consolidated net loss of Rs 213.23 crore in the December 2016 quarter
 ( Results - Announcements 17-Feb-17   17:03 )
  Diamond Power Infrastructure commences commercial production of one MV cables line
 ( Corporate News - 17-Feb-25   15:25 )
  Diamond Power Infrastructure reschedules AGM date
 ( Corporate News - 22-Nov-22   18:51 )
  Diamond Power Infrastructure net profit rises 5.27% in the December 2011 quarter
 ( Results - Announcements 13-Feb-12   16:48 )
  Board of Diamond Power Infrastructure approves acquisition of machinery for Rs 49 cr
 ( Corporate News - 11-Dec-24   18:36 )
  Diamond Power Infrastructure net profit rises 7.35% in the March 2013 quarter
 ( Results - Announcements 22-May-13   17:47 )
  Diamond Power Infrastructure receives order
 ( Corporate News - 13-Jan-12   14:18 )
  Diamond Power Infrastructure acquires strategic stake in Maktel Control & Systems
 ( Corporate News - 19-Jul-12   11:10 )
  Diamond Power Infrastructure net profit rises 23.71% in the year ended March 2009
 ( Results - Announcements 01-Jul-09   21:49 )
  Diamond Power Infrastructure to hold Board Meeting
 ( Corporate News - 18-Jul-13   11:20 )
  Diamond Cables recommends dividend
 ( Corporate News - 01-Jul-09   16:00 )
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