HLL Infra Tech Services Ltd (HITES) has reported a 58 per cent jump in net profit to `27.76 crore in 2022-23 compared to `17.6 crore in FY22 on higher revenue from the infrastructure division, the Health Ministry said on Thursday. The total turnover of the central public sector undertaking under the Health Ministry jumped by 19 per cent to `361.38 crores in 2022-23 against `303.40 crores in 2021-22.
These significantly positive results were achieved largely due to the infrastructure development business.