Plethico Pharmaceuticals Limited is a leading global healthcare/pharmaceutical company with a strong emphasis on the herbal and neutraceutical segments. The company which was established in 1991 and focused on manufacturing and marketing a range of branded generic pharmaceutical formulations, has rapidly evolved and now engages in the manufacture, marketing and distribution of pharmaceutical and allied healthcare products in the neutraceutical and herbal segment in India and Internationally.
Interest Rate:
There are 3 durations offered in the fixed deposit:
1 Year: 11% interest rate
2 Year: 11.5% interest rate
3 Year: 12% interest rate
For all the above durations, investors can select cumulative or non-cumulative option.
The interest is compounded and payable on quaterly basis. Senior citizens will get 0.5% extra interest.
Minimum Investment:
The minimum amount for the fixed deposit is Rs 25,000.
Eligibility:
Resident Individuals, HUFs, Charitable Institutions or Trusts can apply for this fixed deposit.
Financial Performance:
For the fourth quarter of 2010, company’s top line grew by 9.6% and reached Rs 413.4 cr as against Rs 377.3 cr in corresponding period of previous year, whereas bottom-line declined by 71% and reached Rs 26.46 cr against Rs 91.4 cr in corresponding period of previous year . High expenditure on account of purchase of finished good and high manufacturing expenses being the reason for decline in bottom line.
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