"Pawan Hans has declared a dividend of Rs 7.76 crores for the financial year 2014-15.  A cheque of Rs 3,80,15,265 has also been paid to ONGC as being 49 percent shareholder of PHL.

"According to the ministry, PHL has been making profits since 1992 and has paid Rs.223.69 crore dividend as on 2014-15. For the financial year 2014-15, PHL's operating revenue increased to Rs.538.15 crore (Rs.529.57 crore in the previous year). The net operating profit for 2014-15 is Rs.79.13 crore against Rs.73.03 crore in the year 2013-14," the statement elaborated.

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