HLL Lifecare pays ₹69.53 cr as dividend to Union government
Mail This Article
Thiruvananthapuram: HLL Lifecare Ltd, a Mini-Ratna Central Public Sector Enterprise (CPSE) under the Ministry of Health & Family Welfare, paid ₹69.53 crore as dividend to the government for the financial year 2024–25. This, the company claimed in a statement, is one of the highest dividend payouts.
For the fiscal year 24–25, revenue from operations rose to ₹4,500 crore, a 20 per cent growth over the previous year. The company’s net worth grew to ₹1,100 crore.
On a consolidated basis (including its subsidiaries HITES, GAPL, and Lifespring Hospitals), the HLL Group recorded a total revenue of ₹4,900 crore, marking a 19 per cent growth over the previous fiscal.
The company markets over 70 brands, including the flagship Moods condoms and high-quality blood bags. Over the past two decades, HLL has also expanded its expertise into construction and procurement services, consultancy, hospital management services, and more.
The dividend cheque was handed over to Union Minister for Health & Family Welfare JP Nadda by HLL chairperson Dr Anitha Thampi.