Diamond Power Infrastructure Limited Announces Unaudited Consolidated and Standalone Earnings Results for Second Quarter and Six Months Ended September 30, 2017
November 28, 2017 at 02:57 pm IST
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Diamond Power Infrastructure Limited announced unaudited consolidated and standalone earnings results for second quarter and six months ended September 30, 2017. For the quarter, the company reported standalone net sales/income from operations of INR 1,982.170 million against INR 3,492.784 million a year ago. Loss from operations before exceptional items and tax was INR 308.997 million against INR 2,035.887 million a year ago. Loss before tax was INR 308.997 million against INR 2,035.887 million a year ago. Net loss was INR 308.997 million against INR 2,035.887 million a year ago. Basic and diluted loss per share was INR 1.15 against INR 30.27 a year ago.
For the six months, the company reported standalone net sales/income from operations of INR 4,003.716 million against INR 7,047.802 million a year ago. Loss from operations before exceptional items and tax was INR 755.953 million against INR 2,879.440 million a year ago. Loss before tax was INR 755.953 million against INR 2,879.440 million a year ago. Net loss was INR 755.953 million against INR 2,879.440 million a year ago. Basic and diluted loss per share was INR 2.80 against INR 42.82 a year ago.
For the quarter, the company reported consolidated net sales/income from operations of INR 1,982.170 million against INR 3,492.784 million a year ago. Loss from operations before exceptional items and tax was INR 309.023 million against INR 2,035.928 million a year ago. Loss before tax was INR 309.023 million against INR 2,035.928 million a year ago. Net loss was INR 309.023 million against INR 2,035.928 million a year ago. Basic and diluted loss per share was INR 1.15 against INR 30.40 a year ago.
For the six months, the company reported consolidated net sales/income from operations of INR 4,003.716 million against INR 7,047.802 million a year ago. Loss from operations before exceptional items and tax was INR 755.980 million against INR 2,879.633 million a year ago. Loss before tax was INR 755.980 million against INR 2,879.633 million a year ago. Net loss was INR 755.980 million against INR 2,879.633 million a year ago. Basic and diluted loss per share was INR 2.88 against INR 43.09 a year ago.
Diamond Power Infrastructure Limited is an India-based manufacturer of power transmission equipment. The Company is engaged in the manufacturing and sale of conductors, cables, and transmission towers. The Company operates in the Transmission and Distribution of Power (T&D) related business segment. It designs and manufactures a range of power transmission equipment that includes conductors, power cables (HV, LV, and UHV), and transmission towers. The Companyâs product portfolio includes power and control cables, MV and EHV cables, conductors, and transmission towers. Its transmission and distribution conductor products include EC Grade Aluminum Wire Rods, Aluminum Alloy Wire Rods, All Aluminum Conductors (AAC), All Aluminum Alloy Conductors (AAAC), Aluminum Conductor Steel Reinforced (ACSR), Aluminum Alloy Conductor Steel Reinforced (AACSR), and Aluminum Conductor Alloy Reinforced (ACAR), among others. The Companyâs wholly owned subsidiary is Diamond Power Global Holdings Limited.
Diamond Power Infrastructure Limited Announces Unaudited Consolidated and Standalone Earnings Results for Second Quarter and Six Months Ended September 30, 2017
DIAMOND POWER INFRASTRUCTURE LIMITED 
