HLL to Expand Hindlabs Network with 50 New Centres.

HLL Lifecare Ltd (HLL) is set to significantly expand its diagnostic division, Hindlabs, as part of a major initiative to provide affordable healthcare services across India. The expansion, announced during the company's Diamond Jubilee year, includes immediate plans to establish five new Hindlabs centres in Kerala, Telangana, and two other states.

These new centres are strategically planned to offer a wide range of diagnostic services at rates considerably lower than those of private laboratories, directly supporting HLL's mission of accessible healthcare.

The current expansion is a stepping stone towards a more ambitious long-term goal. HLL aims to launch a total of 50 additional Hindlabs centres across the country by the year 2030. This widespread network is expected to dramatically increase the availability of affordable diagnostic testing for a larger population.

Financially, HLL has set robust targets for its Hindlabs division. The company aims to achieve a revenue of ₹1,500 crore from Hindlabs in the current Diamond Jubilee year, 2025-26. Looking ahead, HLL projects a significant jump in revenue, targeting ₹2,500 crore from Hindlabs by 2029-30. This follows a strong performance in the last financial year, where Hindlabs generated a revenue of ₹1,460 crore.

The expansion of Hindlabs is a key component of HLL's long-term growth strategy, reinforcing its commitment to making quality diagnostic services more accessible and affordable for all.