HITES Reports 58% Increase in Net Profit and 19% Rise in Total Turnover during FY 2022-23.

HLL Infra Tech Services Ltd (HITES), which is a central public sector undertaking under the Union Health Ministry, has reported a significant increase in its net profit and turnover for the financial year 2022-23, which ended on March 31. The company achieved a 58% jump in net profit and a 19% increase in total turnover, which amounted to Rs 361.38 crores.

Highlights

1. HITES is a central public sector undertaking controlled by the Union Health Ministry.
2. The company’s net profit has increased by 58% during the financial year 2022-23 ending March 31.
3. HITES has also reported a 19% rise in total turnover, reaching Rs 361.38 crores during the same period.
4. The company’s positive financial performance suggests successful management and growth strategies in the healthcare infrastructure sector.