CPSE dividend milestone: HLL Lifecare pays record Rs 69.53 crore to government; revenue rises 20%

Mini-Ratna CPSE HLL Lifecare Limited has paid a record dividend of Rs 69.53 crore to the Government of India for the financial year 2024-25, highlighting its strong financial performance. The dividend cheque was presented to Union health minister JP Nadda by Dr Anitha Thampi, chairperson of HLL, in the presence of minister of state Anupriya Patel and Union health secretary Punya Salila Srivastava.The financial year 2024-25 saw comprehensive growth across both HLL’s manufacturing and service portfolios.Revenue from operations rose to Rs 4,500 crore, a 20 per cent increase over the previous year, while the company’s net worth increased to Rs 1,100 crore as of March 31, 2025, according to news agency ANI. On a consolidated basis, including subsidiaries HITES, GAPL, and Lifespring Hospitals, the HLL Group recorded total revenue of Rs 4,900 crore, marking a 19 per cent growth over the previous fiscal.Founded on March 1, 1966, HLL Lifecare has evolved from addressing population control challenges to becoming a multi-product, multi-service healthcare enterprise playing a pivotal role in India’s health sector transformation. The company has also strengthened affordable access to medicines and surgical products through initiatives like AMRIT Pharmacies, helping reduce out-of-pocket expenses for patients nationwide.Nadda commended HLL’s performance, stating, “HLL, along with its subsidiaries and Amrit pharmacies, have emerged as a key player in transforming the health sector. Over the last 10 years, more than 6.7 crore people have benefited from affordable medicines, saving over Rs 8,000 crore in out-of-pocket expenditure”.