Diamond Power Infrastructure has received an order worth $6.50 million from the Power Grid Corporation of India for ACSR Lapwing Conductors in International Competitive Bidding, for 800 kV HVDC Bipole Biswanath- Chariyali- Agra Transmission Line.
With the end of June quarter the company achieved 805 crores of turnover with the net profit of Rs 36.46 crores and there is a substantial increase in EPS by 50% compared to last quarter which is amounting to Rs 6.75 per shares.
Diamond Power Infrastructure is engaged in five business verticals--cables (low, high and extra high voltage), conductors, transformers, towers and various EPC projects-- where it undertakes planning, designing and commissioning of turnkey transmission and distribution projects.