Diamond Power Infrastructure Ltd

Diamond Power Infrastructure has received a contract confirmation / letter of award from Adani Energy Solutions (AESL) for the supply of AL59 aluminium alloy conductors for two of AESL's transmission projects. The award covers the design, engineering, manufacture, testing, packing, dispatch and transportation on a Delivery-at-Place (DAP) basis of: ' 1,050 Km of AL59 Moose Conductor for the Tuticorin Project; and ' 3,770 Km of AL59 Zebra Conductor for the Pune-III Project. The order is valued at Rs. 185.16 crore inclusive of packing, forwarding, freight and transit insurance, and exclusive of GST ' aggregating to approximately Rs. 218.49 crore including GST. The contract is on a variable-price basis linked to aluminium LME and USD/INR movements through an agreed price variation formula, and the realised value may therefore differ. Deliveries are scheduled between July 2026 and February 2027.

The contract covers the design, engineering, manufacturing, testing, packing, dispatch and transportation of AL59 aluminium alloy conductors on a delivery-at-place (DAP) basis. The scope includes the supply of 1,050 km of AL59 Moose conductors for the Tuticorin transmission project and 3,770 km of AL59 Zebra conductors for the Pune-III project. The order value stands at Rs 185.16 crore, inclusive of packing, forwarding, freight and transit insurance charges but excluding GST. The company said the contract is based on a variable pricing mechanism linked to the London Metal Exchange (LME) aluminium price, aluminium premium and the USD/INR exchange rate. The base pricing has been calculated using an aluminium LME price of $2,550 per metric tonne, a premium of $106 per metric tonne and a USD/INR exchange rate of 87. The final realised value may vary in line with the agreed price variation formula. Deliveries are scheduled between July 2026 and February 2027, with delivery locations to be communicated separately by AESL. DPIL clarified that the order has been awarded by a domestic entity and is not a related-party transaction. The company added that none of its promoters, promoter group entities or group companies has any interest in Adani Energy Solutions, and the contract has been awarded on an arm's-length basis. Diamond Power Infrastructure is engaged in the manufacturing of power cables and conductors, offering a wide product range from 1.1 kV to 400 kV. Its clientele includes utilities, EPC contractors, renewable energy developers, and industrial customers. On the financial front, the company reported a 691.25% year-on-year surge in consolidated net profit to Rs 60.61 crore for the quarter ended March 2026, compared with Rs 7.66 crore in the corresponding quarter of the previous year. Revenue from operations more than doubled, rising 108.46% to Rs 695.87 crore from Rs 333.81 crore in the year-ago period. The scrip shed 0.64% to end at Rs 224.90 on the BSE on 16 July 2026. Powered by Capital Market - Live

The order has been awarded by Larsen & Toubro (HYD22 & HYD23), Sterling and Wilson (HYD24 & HYD25), and Blue Star (HYD26) for the 310 MW HYD22 to HYD26 data centre projects in Hyderabad, Telangana. Under the contract, Diamond Power Infrastructure will supply approximately 21.35 lakh metres of power cables, including 1.89 lakh metres of HT cables and 19.46 lakh metres of LT cables. The total quantity is subject to a tolerance of '2%, with deliveries to be made on a Delivered at Place (DAP) basis in Hyderabad. The order is valued at Rs 435.71 crore, inclusive of packing, forwarding, freight and transit insurance charges. The pricing is subject to variation under the IEEMA Price Variation (PV) formula, with April 2026 IEEMA indices serving as the base. The company said deliveries are scheduled to commence in the first week of August 2026 and will be executed in phases, with the entire order expected to be completed by March 2027. The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the deal. Diamond Power Infrastructure is engaged in the manufacturing of power cables and conductors, offering a wide product range from 1.1 kV to 400 kV. Its clientele includes utilities, EPC contractors, renewable energy developers, and industrial customers. On the financial front, the company reported a 691.25% year-on-year surge in consolidated net profit to Rs 60.61 crore for the quarter ended March 2026, compared with Rs 7.66 crore in the corresponding quarter of the previous year. Revenue from operations more than doubled, rising 108.46% to Rs 695.87 crore from Rs 333.81 crore in the year-ago period. Powered by Capital Market - Live

Diamond Power Infrastructure will hold a meeting of the Board of Directors of the Company on 18 June 2026.

Net profit of Diamond Power Infrastructure rose 691.25% to Rs 60.61 crore in the quarter ended March 2026 as against Rs 7.66 crore during the previous quarter ended March 2025. Sales rose 108.46% to Rs 695.87 crore in the quarter ended March 2026 as against Rs 333.81 crore during the previous quarter ended March 2025. For the full year,net profit rose 358.46% to Rs 158.17 crore in the year ended March 2026 as against Rs 34.50 crore during the previous year ended March 2025. Sales rose 71.25% to Rs 1910.10 crore in the year ended March 2026 as against Rs 1115.39 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales695.87333.81 108 1910.101115.39 71 OPM %11.164.12 -11.715.99 - PBDT70.3613.13 436 192.6554.69 252 PBT62.207.65 713 161.9434.41 371 NP60.617.66 691 158.1734.50 358 Powered by Capital Market - Live

Diamond Power Infrastructure will hold a meeting of the Board of Directors of the Company on 26 May 2026.

The order is scheduled to be executed over a one-year period from May 2026 to May 2027. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the transaction does not qualify as a related-party transaction. Diamond Power Infrastructure is engaged in the manufacturing of power cables and conductors, offering a wide product range from 1.1 kV to 400 kV. Its clientele includes utilities, EPC contractors, renewable energy developers, and industrial customers. On the financial front, the company reported a sharp 693% year-on-year jump in consolidated net profit to Rs 49.72 crore, driven by a 54.2% increase in net sales to Rs 474.08 crore in Q3 FY26 compared with Q3 FY25.

Diamond Power Infrastructure has received a letter of intent from Adani Electricity Mumbai for supply of cables worth Rs 45.47 crore.

Diamond Power Infrastructure has received a letter of intent from Adani Green Energy for supply of cables worth Rs. 19.57 crore.

Diamond Power Infrastructure has received has received a letter of intent from Adani Electricity Mumbai for supply of cables worth Rs 100.54 crore.