HLL pays Rs. 453 lakhs as dividend to Centre

HLL Lifecare Ltd, a public sector healthcare delivery company headquartered here, paid Rs. 4.53 crore as dividend to the government of India for the last fiscal as its share.

HLL grossed a record business of Rs. 1,586 crores during the 2013-14.

M. Ayyappan, CMD of HLL, handed over the dividend cheque to Union Minister for Health and Family Welfare Jagat Prakash in New Delhi.

Currently HLL Group consists of six entities and is into manufacturing of contraceptives, hospital products, pharmaceuticals, natural products, personal hygiene products, and provides diagnostic services.

A wholly owned subsidiary of HLL, HBL is implementing a Rs. 594-crore Integrated Vaccines Project at Chengalpet near Chennai, a first of its kind venture in the public sector.

The newly formed subsidiary of HLL, HITES, specialises in infrastructure development, procurement consultancy and facility management services in the health sector.

HLFPPT is another popular unit of HLL and is a not-for-profit organization promoted by HLL and is implementing Reproductive and Child Health, HIV AIDS Prevention, Care and Support Programmes since 1991.