The remaining scope includes 33 kV (E) grade aluminium XLPE armoured FRLS cables, 1.1 kV aluminium armoured LT power cables and copper control cables. The cables will be manufactured in accordance with the client's IEC 61914 cleat and fire-performance specifications.

The company clarified that the transaction does not constitute a related-party transaction and that neither the promoters nor the promoter group companies have any interest in the work contract.

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’s consolidated net profit rose 256.19% to Rs 58.45 crore in the quarter ended June 2026 from Rs 16.41 crore in the corresponding quarter of the previous year. Sales increased 128.57% to Rs 689.88 crore in Q1 FY27 from Rs 301.82 crore in Q1 FY26.

The counter slipped 1.10% to Rs 352.20 on the BSE.