HITES Pays Rs. 34.94-lakh Dividend to HLL
New Delhi: HLL Infra Tech Services Ltd. (HITES) has paid a total dividend of Rs. 34.94 lakh to parent company HLL Lifecare Limited (HLL) during the financial year 2015-16. During the period, the subsidiary recorded a turnover of Rs. 1960.85 lakh with a profit after tax of Rs. 116.46 lakh.
HITES is a subsidiary of the Thiruvananthapuram-registered ‘mini-ratna’ PSU HLL under the Union Ministry of Health and Family Welfare.
HITES specialises in infrastructure development, procurement of medical equipment and facility management in the healthcare sector.
R P Khandelwal, Chairman and Managing Director, HLL Lifecare Ltd., received the dividend cheque from S N Sathu, Director and CEO, HITES at the HITES Corporate Office at Noida the other day.