DICABS’ Stellar Q2 FY26 Performance: Revenue Shoots 75%, PAT Jumps 7 Times
Diamond Power Infrastructure Limited, branded as DICABS [NSE: INE989C01038, BOM: 522163], an Indian manufacturer of cables and conductors, has posted its financial results for Q2 of FY26.
Diamond Power’s Standalone Q2 FY26 Financial Figures
Diamond Power reported a revenue of Rs. 445.31 during Q2 of FY26, and a corresponding Profit After Tax (PAT) of Rs. 25.19 crore on a standalone basis.
Diamond Power’s Consolidated Financial Performance for Q2 of FY26
YoY Comparison of DICABS’ Numbers: Q2 FY26 vs. Q2 FY25
Diamond Power generated a consolidated topline of Rs. 438.33 crore from its operations during Q2 of FY26, which marks a remarkable 75.12% Year-over-Year (YoY) jump. During Q2 of FY25, Diamond Power revenue was reported as Rs. 250.30 crore. Correspondingly, the company’s Q2 FY26 PAT was 6.93 times its Q2 FY25 PAT. For the quarter ended 30th September 2025, Diamond Power’s PAT was Rs. 27.73 crore against Rs. 4 crore for the corresponding quarter in the previous fiscal.
Additionally, Earning Per Share (EPS) of the company was reported as Rs. 0.53 in Q2 of FY26, up from Rs. 0.08 logged for Q2 of FY25.
QoQ Analysis of DICABS Financials: Q2 FY26 vs. Q1 FY26
On a Quarter-over-Quarter (QoQ) basis, Diamond Power’s revenue rose by 45.23% from Rs. 301.82 crore logged for Q1 of FY26. PAT of the company also showed an upward trend QoQ, growing by 37.89% from Rs. 20.11 crore, which was reported as quarterly profit for Q1 of FY26.
Diamond Power Eyes Rs. 10,000 Cr. Topline by 2030
In its annual report for FY25, the company mentioned its ‘Vision 2030’, outlining targets for the next few years. As part of this vision, the company has set a major milestone, achieving a topline of Rs. 10,000 crore. Apart from this, the company targets to become one of the top three players across all its major product categories, including cables, conductors, and allied solutions. Diamond Power also plans to increase its market share in the Indian market while expanding its presence globally, particularly in the Middle East, Africa, and South America.
Recently, Diamond Power Infra. started commercial production at its Aluminium rod mill in Vadodara as a move towards backward integration. This fact was highlighted by the company’s representatives while speaking to CableCommunity at the Cable & Wire Fair 2025. DICABS is also in the process of expanding its production by adding two new CCV (Catenary Continuous Vulcanization) lines, which will take the total number of CCV lines at its plant to10.
About Diamond Power Infrastructure Ltd: Diamond Power Infrastructure Ltd. founded in 1970 owns a cable and conductor plant, spread over 110 acres in Vadodara, Gujarat. For the year ended 31st March 2025, the company reported a consolidated revenue of Rs. 1,115.39 crore from operations.
