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Diamond Power hit its first ₹1,000 Cr revenue quarter, exiting NCLT with a cleaned balance sheet and aggressive capacity expansion plans.
Diamond Power Infrastructure filed its quarterly Monitoring Agency Report for the QIP (₹1,613.97 Cr) confirming all proceeds utilised as per the offer document with no material deviation. The filing is a routine Reg 32(6)/Reg 173A compliance certificate.
Q2 FY27 revenue ₹1,032 cr (+135% YoY), EBITDA ₹133 cr (12.9% margin), PAT ₹108 cr (3.9x). QIP-funded expansion; net cash ₹572 cr.
Diamond Power Infrastructure Ltd reported revenue from operations of ₹1,032 Cr (+135.4% YoY) and net profit of ₹107.9 Cr (+349.6% YoY) for Q2 FY27.
Diamond Power scheduled a board meeting for 3 November 2026 to consider unaudited quarterly results. Trading window stays closed until 48 hours after declaration.
DICABS will add a CCV line for 132 kV cables at its Vadodara plant at Rs 25 crore cost. Commissioning targeted by December 2027 via internal accruals.
Diamond Power Infrastructure Ltd appointed Kundip S. Thakker as CFO and KMP. Pawan Lohiya has been re-designated as Deputy CFO, effective October 20, 2026.
Diamond Power Infrastructure Limited submitted the Regulation 74(5) certificate for the quarter ended September 30, 2026, confirming compliance with SEBI dematerialization requirements.
Diamond Power Infrastructure provided additional details regarding the timing of its board meeting held on October 3, 2026. This follows an observation from the BSE exchange.
Diamond Power Infrastructure appointed Ashwani Saraf as Chief Operating Officer and Senior Management Personnel, effective October 3, 2026, replacing outgoing COO Kalpesh Patel.
Diamond Power Infrastructure Limited successfully conducted its 34th Annual General Meeting on September 25, 2026, where shareholders transacted various ordinary and special business items.
Diamond Power Infrastructure received a ₹116.49 crore order from Polite Powertech for 11kV power cables for PGVCL/UGVCL projects. The scope covers ~655 km of cables in Gujarat.
DICABS received a ₹263.25 crore order from a domestic EPC contractor for MV/LV cables and conductors for an MSEDCL urban power project in Bhandup, Maharashtra.
Diamond Power received a ₹179.43 crore order from Adani Electricity Mumbai for 871 kms of MV cables. Third consecutive year of this repeat supply award.
Diamond Power exits NCLT resolution framework a year early, prepaying ₹2,401 crore in full. Company is now credit-ratable with all assets free for bank financing.
Diamond Power Infrastructure Limited incurred a total penalty of ₹0.03 Crore imposed by NSE and BSE for non-compliance with Minimum Public Shareholding norms. The company is now compliant.
Diamond Power Infrastructure secured a ₹76.06 Crore order for the supply of 293 km of EHV underground cables from a domestic EPC contractor.
Diamond Power Infrastructure Limited has submitted the notice for its 34th Annual General Meeting and the Annual Report for the financial year 2025-26.
Diamond Power Infrastructure Ltd has filed its quarterly shareholding pattern as per SEBI regulations. The filing provides details of current promoter and public shareholding.
Diamond Power Infrastructure Limited received a ₹52.86 crore order from Aurionpro Solutions Limited for the supply of electrical cables to a Hyderabad data centre campus.
Diamond Power Infrastructure has commissioned a new copper wire drawing and cable manufacturing line at its Vadodara complex. Commercial production commenced on August 20, 2026.
Diamond Power Infrastructure disclosed receipt of NSE/BSE letters regarding MPS non-compliance. The company faces a combined penalty of ₹0.09 Crore from both exchanges.
Management is aggressively pivoting to high-voltage segments, using QIP funds and significant operating leverage to drive profitability despite seasonal monsoon headwinds.
DICABS delivered a breakout Q1 FY27 with revenue doubling YoY to ₹6,899 mn, driven by increased capacity utilization and operating leverage in the cables and conductors segments.
Diamond Power Infrastructure Limited appointed Mr. Umeshkumar Chhaya as an Additional and Whole-time Director, effective August 13, 2026, subject to shareholder approval.
Diamond Power Infrastructure Ltd reported revenue from operations of ₹689.9 Cr (+128.6% YoY) and net profit of ₹58.4 Cr (+256.1% YoY) for Q1 FY27.
Diamond Power Infrastructure Ltd received a Letter of Intent to supply 33 kV HT XLPE cables from Purvanchal Vidyut Vitran Nigam Limited. This ₹51.73 Crore order spans until January 2027.
Diamond Power Infrastructure Limited has secured a ₹61.04 Crore contract from Purvanchal Vidyut Vitran Nigam Limited for supplying 33 kV HT XLPE cables.