HLL pays Rs.466 lakh dividend to government

City-based, central public sector mini-ratna company HLL Lifecare Ltd (HLL) said on Thursday it has paid Rs.466 lakh as dividend to the central government for financial year 2014-2015.

This is the fourth consecutive year that the HLL has crossed Rs.1,000 crore business from its operations, said a company statement issued here.

The total volume of business handled by the company has grown from Rs.1,590 crore in 2013-14 to Rs.1,678 crore in the last fiscal, while its revenues witnessed a significant growth of 12.35 percent, rising from Rs 941.68 crore in 2013-2014 to Rs.1,058 crore this fiscal.

The company also had a 9.46 percent growth in its gross operating margin and a 6.7 percent growth in its net worth during the same period.

Established in 1966 with the objective of providing quality condoms for the National Family Planning Programme, the HLL group has substantially grown and today consists of seven entities, manufacturing contraceptives, hospital products, pharmaceuticals, and personal hygiene products and also providing diagnostic services.