Diamond Power Infrastructure on Monday said that it has secured an order worth Rs 100.54 crore from Adani Electricity Mumbai Ltd for the supply of cables. The order will be executed from April 2026 to February 2027, a regulatory filing stated. The broad consideration, or the size of the order, is Rs 100,54,10,858, including tax, it said. In a separate filing, the company stated that it has received a letter of intent from Adani Power for the supply of various sizes of power and control cables at Raipur Ph-II Thermal Power Projects, Chhattisgarh. The order worth Rs 43,26,10,349, including GST, will be executed by July 31, 2026. In another filing, Diamond Power said that it has received a letter of intent from Adani Green Energy Ltd for the supply of cables worth Rs 19,57,11,313. The order will be executed within 15 days from the issuance of the letter of intent, it stated.
Diamond Power Infrastructure has reported a multifold jump in its net profit to Rs 49.72 crore for the October-December quarter of 2025-26 compared to the year-ago period. The Vadodara-based integrated power transmission and distribution solutions provider had reported a net profit of Rs 6.27 crore in the year-ago period, a company statement said. Its revenue from operations rose by Rs 474.71 crore in the third quarter of 2025-26 compared to Rs 307.51 crore in the year-ago period, it added. Diamond Power Infra said its EBITDA stood at Rs 69.76 crore in Q3 FY26 against Rs 16.03 crore in the year-ago quarter.Gross margins improved to 23.3 per cent in Q3 FY26 against 14.3 per cent ayear ago. Going forward, the company plans to focus on retail and new energy products and invest in newer technologies in the next two financial years, it added.
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