Diamond Power Infrastructure (522163) Q3 24/25 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024.

• Appointment of several senior managerial personnel and a new Chief Risk Officer effective February 11, 2025.

• Transfer of 73,860 fractional shares post-capital reduction, with proceeds to be distributed proportionally to shareholders.

• Acquisition deal with Syska Mitter Private Limited called off to focus on core business.

Financial highlights

• Consolidated revenue from operations for Q3 FY25 was ₹30,742.37 lakh, up from ₹5,996.28 lakh in Q3 FY24; nine-month revenue was ₹78,158.42 lakh, up from ₹20,895.78 lakh year-over-year.

• Consolidated net profit for Q3 FY25 was ₹627.43 lakh, compared to a net loss of ₹527.82 lakh in Q3 FY24; nine-month net profit was ₹2,683.35 lakh, up from ₹260.97 lakh year-over-year.

• Standalone revenue for Q3 FY25 was ₹30,742.37 lakh, up from ₹5,996.28 lakh in Q3 FY24; nine-month standalone revenue was ₹78,158.42 lakh, up from ₹20,895.78 lakh year-over-year.

• Standalone net profit for Q3 FY25 was ₹642.20 lakh, compared to a net loss of ₹527.82 lakh in Q3 FY24; nine-month net profit was ₹2,698.13 lakh, up from ₹260.97 lakh year-over-year.

• Basic and diluted EPS for Q3 FY25 stood at ₹0.12, compared to ₹(0.10) in Q3 FY24.

Outlook and guidance

• No explicit forward-looking guidance provided, but management focus is on core business and operational improvements.