Diamond Power Infrastructure Limited — Important, 10-02-2025: General Updates

The Board of Diamond Power Infrastructure Limited has convened to approve the unaudited financial results for the quarter and nine months ending December 31, 2024. Revenue from operations reached ₹30.74 crore with a net profit of ₹6.27 crore, marking a recovery from a loss of ₹5.28 crore in the same period last year. Total income was recorded at ₹30.75 crore, while total expenses amounted to ₹30.12 crore.

The Board also implemented key personnel appointments, including Mr. Vinod Jain as Chief Risk Officer and other managerial roles. Additionally, the transfer of fractional shares following the equity capital reduction was authorized, and the potential acquisition of assets from Syska Mitter Private Limited was called off to refocus on existing operations. The company remains on a positive trajectory, with these developments indicating a commitment to strengthening its operational framework and strategic direction. Shareholders are advised to monitor future updates closely.