Diamond Power Infrastructure Ltd , engaged in manufacturing transmission and distribution power products including conductors, cables (LV/HV/EHV), and transmission towers under the DICABS brand, reported exceptional financial turnaround for Q2FY26.
Financial Highlights:
- Revenues surged 75.2% year-on-year to ₹438 crore from ₹250 crore, marking record quarterly sales with 45% sequential growth.
- Total expenses rose 66.26% to ₹409 crore from ₹246 crore.
- Consolidated net profit skyrocketed 600% to ₹28 crore from ₹4 crore, with operating margins expanding to 10.48%.
- Earnings per share leaped 562.50% to ₹0.53 from ₹0.08.
Robust order execution in power T&D sector, operational leverage, and cost discipline drove the dramatic profitability improvement despite rising interest costs.
Outlook:
Diamond Power Infrastructure Ltd approved ₹1,000 crore QIP fundraising and focuses on capacity expansion to capitalize on power sector demand growth.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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