HLL Lifecare Limited Celebrates 60 Years, Pays Record Dividend to Government of India
HLL Lifecare Limited, a leading healthcare enterprise, marked its 60th anniversary with a significant milestone: paying a record dividend of Rs. 69.53 crore to the Government of India for the financial year 2024-25. This achievement underscores the company's commitment to delivering quality healthcare solutions and contributing to accessible, affordable, and equitable healthcare for all.
HLL has evolved from addressing India's population control challenges to becoming a multi-product, multi-service healthcare enterprise playing a pivotal role in the nation's health sector transformation. The company's initiatives, such as AMRIT Pharmacies, have made essential medicines and surgical products affordable, reducing out-of-pocket expenses for patients across the country.
Key Takeaways:
- HLL Lifecare Limited, a Mini-Ratna Central Public Sector Enterprise (CPSE) under the Ministry of Health and Family Welfare, Government of India, has reinforced its strong financial performance by paying a record dividend of Rs. 69.53 crore for the financial year 2024-25.
- The dividend cheque was presented to Shri J.P. Nadda, Hon'ble Union Minister of Health and Family Welfare, by Dr. Anitha Thampi, Chairperson, HLL, in the presence of Smt. Anupriya Patel, Minister of State for Health and Family Welfare; Smt. Punya Salila Srivastava, Union Health Secretary; Shri Hovyeda Abbas, ASandFA; and Shri Vijay Nehra, Joint Secretary, Ministry of Health and Family Welfare.
- HLL has emerged as a key player in transforming the health sector, with its subsidiaries and Amrit pharmacies benefiting over 6.7 crore people, saving more than Rs. 8000 Crores in out-of-pocket expenditure.
- Comprehensive growth was witnessed across HLL's manufacturing and service portfolios, with Revenue from operations increasing to Rs. 4,500 crore, reflecting a 20% growth over the previous year.
- The company's net worth rose significantly to Rs. 1,100 crore as on March 31, 2025.
- On a consolidated basis, including its subsidiaries -- HITES, GAPL, and Lifespring Hospitals -- the HLL Group recorded a total revenue of Rs. 4,900 crore, marking a 19% growth over the previous fiscal.
Statistics:
- HLL Lifecare Limited has paid a record dividend of Rs. 69.53 crore to the Government of India for the financial year 2024-25.
- Over 6.7 crore people have benefited through the affordable medicines of the Amrit Pharmacies, saving more than Rs. 8000 Crores in out-of-pocket expenditure.
- Revenue from operations increased to Rs. 4,500 crore, reflecting a 20% growth over the previous year.
- The company's net worth rose significantly to Rs. 1,100 crore as on March 31, 2025.
- The HLL Group recorded a total revenue of Rs. 4,900 crore on a consolidated basis, marking a 19% growth over the previous fiscal.
Sources:
- Government of India
- PIB Delhi