Diamond Power Infra Secures ₹116.71 Crore Order, Boosts Order Book to ₹1,554.08 Crore Jun 13, 2025
More news about Diamond Power Infrastructure
04Jun 25
Diamond Power Infrastructure Promoters Announce Stake Sale via Offer for Sale
Diamond Power Infrastructure Ltd's promoters, Monarch Infraparks and GSEC Ltd, have announced an offer for sale (OFS) of up to 3.15 crore equity shares, representing 5.98% of the company's total equity. The base offer is 3.99% with an oversubscription option to reach 5.98%. The floor price is set at Rs 95.00 per share. The OFS will occur over two days, with non-retail investors participating on June 5 and retail investors on the following day.
30May 25
Diamond Power Infrastructure Reports Q4 Results and Announces Strategic Partnership
Diamond Power Infrastructure Ltd. reported a 149.25% YoY increase in Q4 revenue to ₹3.34 billion. However, EBITDA declined by 23.47% to ₹137.60 million, with EBITDA margin dropping to 4.12%. Net profit decreased 46.81% YoY to ₹76.60 million. The company announced a strategic partnership with TS Conductors, USA, to manufacture high-performance transmission conductors, potentially expanding its product portfolio and technological capabilities.
30Apr 25
Diamond Power Infrastructure Secures ₹71.4 Crore Order from Adani Electricity Mumbai
Diamond Power Infrastructure Limited (DPIL) has received a ₹71.4 crore order from Adani Electricity Mumbai Limited (AEML) for supplying LT Cables. The order is to be executed by March 2026 for AEML's Mumbai Distribution Business project. DPIL, recently acquired by GSEC-Monarch Group through NCLT, is in the process of recommissioning its production facility by September 2025. The company reported a consolidated turnover of ₹343 crore for FY 2023-24 and has outstanding borrowings of ₹2,185.27 crore as of March 31, 2025.
Diamond Power Infrastructure Limited (DPIL) has received two major orders totaling ₹2.30 billion. The first order, worth ₹1.51 billion, is from Rajesh Power Services Limited for a project under Dakshin Gujarat Vij Company Limited. The second order, valued at ₹792.78 million, is from Adani Electricity Mumbai Limited for power cable supply. These orders represent about 67.13% of DPIL's FY 2023-24 consolidated turnover of ₹343.00 crore. The company is currently recommissioning its production facility, expected to be completed by September 2025.
24Mar 25
Diamond Power Infrastructure Secures ₹215 Crore Order from Adani Green Energy, Stock Hits Upper Circuit
Diamond Power Infrastructure Limited (DPIL) has received a ₹214.65 crore order from Adani Green Energy Limited for supplying conductors to the Khavda Power Project in Gujarat. The order includes 360.53 km of 33kV HT cables for solar projects, 451 km of 3.3kV LT cables for solar projects, and 643 km of 33kV HT cables for wind projects, totaling 1,454.53 km. The order is to be executed by January 2026. DPIL's stock hit the 5% upper circuit following the announcement, reaching ₹99.00 per share. This order comes after a recent ₹175.00 crore contract from Associated Power Structures Limited. DPIL, acquired through NCLT by GSEC-Monarch Group, is recommissioning its production facility, expected to be completed by September 2025.