HLL Lifecare Ltd (HLL), a Mini Ratna public sector global healthcare company, has paid `2.33 crore as dividend to the Government of India, for the financial year 2011- 2012, amounting to 15 per cent of the paid-up capital.
HLL Chairman and Managing Director M Ayyappan presented the dividend cheque to Union Minister for Health and Family Welfare Ghulam Nabi Azad, at a function held in New Delhi last week.
HLL aggregated a record business of `1,112 crore during the fiscal year 2011- 2012, registering a 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 holistic healthcare solution provider.
It has emerged as the market leader in contraceptives and ranks among the top manufacturers globally.
The company’s growing portfolio of products and services include contraceptives, hospital products, pharmaceuticals, ayurvedic, personal hygiene products, diagnostic kits.
Its portfolio of services include diagnostics services, infrastructure development, procurement, consultancy and facility management.