Diamond Power Infra hits the roof after bagging LoI from Adani Green for Rs 215 crore project

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.