Jul 7, 2011

Plethico Pharmaceuticals Limited - Fixed Deposits - July 2011

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.

Financial Performance: For the fourth quarter of 2010, 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.

Fixed Deposit Scheme
Period Minimum Amount  Interest Rates 
Scheme (A)
Non-Cumalative (Rate of Interest % p.a.)
Scheme (B)
Cumalative (Yield % p.a.)
I year 25000 11.00% 11.46%
2 year 25000 11.50% 12.72%
3 year 25000 12.00% 14.19%

i) The Interest is compounded and payable on quarterly basis.
ii) Additional Interest of 0.50% p.a. for Senior Citizens.
iii) Special Interest for Deposit of 10Lacs & Above.

Who can Apply:
Resident Individuals, HUFs, Charitable Institutions/Trust

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