Media

Press release

11 Jan 2023

HLL Lifecare Limited (HLL) a Mini-Ratna PSE has paid a dividend of Rs 122.47 Crore to

the Ministry of Health & Family Welfare, Government of India for the financial year

2021-22.

The cheque for this amount was handed over to Dr. Mansukh Mandaviya, Union

Minister for Health and Family Welfare by Shri K.Beji George, IRTS, C&MD, HLL, in the

presence of Dr. Bharati Pravin Pawar, Minister of State, MoHFW at a function held at

Nirman Bhavan, New Delhi. Dr Rajesh Bhushan IAS, Secretary-Health, Shri T.

Rajasekar, Director (Marketing), Dr. Geeta Sharma, Director (Finance) and Dr Anitha

Thampi, Director (T&O), HLL and other senior officials of Ministry and HLL were present

during the occasion.

HLL registered a record turnover of Rs 35,668 Crore and a Profit Before Tax of

Rs.551.81 Cr during the year 2021 – 22.

Appreciating HLL and its employees' support during the pandemic, Dr. Mandaviya said, “HLL

has played an important role in the procurement and distribution of emergency medical supplies

supporting the Union Health Ministry for Covid– 19 pandemic management. “As a nodal

agency, HLL has enabled real time management of the crisis”.

Dr Bharati Pravin Pawar, Union Minister of State congratulated HLL for their

achievement and also lauded its efforts during the pandemic.

Shri K.Beji George conveyed his sincere thanks to the Ministry for reposing confidence

in HLL and also for the support extended by the Ministry of Health & Family Welfare and

by various departments of Government of India.

HLL was incorporated on 1 st March 1966 to produce contraceptives to support

Government’s family planning programme. While focusing and expanding the core

areas i.e. reproductive healthcare, HLL diversified into other healthcare segments like

hospital products, hospital infrastructure management, medical equipment procurement

consultancy, diagnostic services, retailing of pharmaceuticals etc.