Deepak Fertilisers and Petrochemicals Corp. Ltd. reported a sharp contraction in profitability for the third quarter, with net profit declining 44% year-on-year. The subdued performance reflects a challenging operating environment marked by softer demand, pricing pressures and higher input costs across key segments. While revenues remained relatively stable, margin compression weighed heavily on the bottom line. Management cited volatility in raw material prices and normalization in certain specialty chemical markets as key factors behind the earnings slowdown.