Diamond Power Q2 net up 29%

Our Bureau Ahmedabad | Updated on October 12, 2014 Published on October 12, 2014

Vadodara-based power cables maker Diamond Power Infrastructure has posted 29 per cent higher net profit at ₹40 crore for the second quarter ended September 30 compared with the corresponding period last year.

Net sales increased to ₹896 crore during the quarter from ₹666 crore a year ago. For the half-year period, the company’s net profit was up by 18 per cent to ₹77 crore against ₹65 crore last year.

Net income increased to ₹1,700 crore for the half-year period compared with ₹1,242 crore in the year-earlier period.

Published on October 12, 2014
This article is closed for comments.
Please Email the Editor