30 Jan 2013
Thiruvananthapuram, Nov 14: Riding on its robust performance, HLL Lifecare Ltd (HLL), a Mini Ratna public sector global healthcare company, has paid Rs. 233 lakh as dividend to the Government of India for the financial year 2011- 2012, amounting to 15% of the paid up capital.
Dr. M. Ayyappan, Chairman and Managing Director of the Thiruvananthapuram-based HLL, presented the dividend cheque to Union Minister for Health and Family Welfare Shri Ghulam Nabi Azad at a function here last week.
HLL aggregated a record business of Rs. 1112 crore during the fiscal 2011- 2012, registering a turnover growth of 14 per cent over the last financial year.
Starting as a single product company, HLL (formerly Hindustan Latex Ltd) has now transformed into a total contraceptive and holistic healthcare solution provider. It has emerged as the market leader in contraceptives and ranks amongst the top manufacturers globally.
The company’s growing portfolio of products and services includes contraceptives, hospital products, pharmaceuticals, Ayurvedic, personal hygiene products, diagnostic kits. Its portfolio of services includes Diagnostics Services Infrastructure Development, Procurement Consultancy and Facility Management.
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