Diamond Power Infrastructure Limited has reported robust financial results for the quarter and half year ended September 30, 2025, along with several key board decisions.

Financial Performance

The company's consolidated net profit for the quarter surged to Rs 2,772.78 lakh, a significant increase from Rs 400.14 lakh in the same period last year. For the half-year, the consolidated net profit reached Rs 4,783.47 lakh, up from Rs 2,055.91 lakh in the previous year.

Board Approvals

Qualified Institutions Placement (QIP)

The board has approved raising up to Rs 1,000.00 crore through a Qualified Institutions Placement (QIP) to qualified institutional buyers, subject to shareholder approval. This decision is partly aimed at addressing the company's non-compliance with Minimum Public Shareholding requirements, which it intends to rectify through the QIP.

Appointments and Guarantees

The board also approved the appointment of senior managerial personnel. Additionally, it sanctioned the issuance of a corporate guarantee worth Rs 173.00 crore to Bank of Maharashtra. This guarantee is for a term loan facility availed by the company's wholly-owned subsidiary, DICABS Nextgen Special Alloys Private Limited.

Auditor's Opinion

The auditors have issued qualified opinions on both standalone and consolidated results. This is due to an ongoing exercise to update the company's property, plant and equipment register.

Conclusion

Diamond Power Infrastructure's financial performance, coupled with decisions for fundraising and corporate guarantees, indicates the company's focus on growth and compliance. However, investors should consider the auditor's qualified opinion in their assessment of the company's financial position.

Diamond Power Infrastructure Limited (DPIL) has announced the commencement of commercial production at its second fully-integrated Aluminium Rod Mill, marking a significant expansion in its manufacturing capabilities. The new facility, located at DICABS NextGen Special Alloys Private Limited, a wholly-owned subsidiary in Vadodara, is set to bolster the company's position in the power transmission sector.

Increased Production Capacity

The newly operational mill boasts a monthly production capacity of 2,500 MT, specializing in the manufacture of Next Generation AL 59 Wire Rods. These advanced aluminum-based alloys are developed as high-efficiency conductors for power transmission, catering to the evolving needs of the energy sector.

Investment and Strategic Expansion

DPIL invested Rs. 20.00 crores in this expansion project, funded entirely through internal accruals. This strategic move has significantly enhanced the company's total installed capacity for Wire Rods, which now stands at 73,200 MT per annum.

Current Operational Status

With the addition of this new mill, DPIL and its subsidiary DICABS NextGen now operate three rod mills:

1. A 1,200 MT per month capacity mill at Diamond Power
2. A 2,400 MT per month capacity mill at DICABS NextGen
3. The newly commissioned 2,500 MT per month capacity mill at DICABS NextGen

Market Impact and Future Outlook

The expansion is expected to strengthen DPIL's market position and enhance its ability to meet the growing demand for high-quality conductors in the power sector. This increased capacity is particularly relevant for power utilities undertaking corridor strengthening, renewable energy integration, and urban distribution upgrades.

Conclusion

The commencement of this new Aluminium Rod Mill represents a significant milestone for Diamond Power Infrastructure Limited. It not only expands the company's production capabilities but also positions it to better serve the evolving needs of the power transmission sector with advanced, high-efficiency conductors.

As the power sector continues to modernize and expand, DPIL's increased capacity and focus on next-generation products could play a crucial role in supporting infrastructure development and energy efficiency initiatives across the country.