Diamond Power Infrastructure Limited (DIACABS)
Diamond Power informed about Press release today titled "Diamond Power exits NCLT framework a full year ahead of Schedule"
Diamond Power Infrastructure Ltd has fully exited the NCLT resolution framework one year ahead of schedule by prepaying ₹2401 crore in full. All legacy legal matters are cleared, and the company is now eligible for credit ratings with its entire gross block free for bank financing. The company has completed its turnaround and is entering a growth phase focused on scaling MV/EHV cable capacity and expanding its customer base.
Source: Original filing PDF
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🚨 DIACABS — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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