Deepak Fertiliser net profit drops 44%

Deepak Fertilisers, a big company that makes chemicals and fertilisers, recently shared its financial results.

Their profit went down by 44% compared to last year, which means they earned less money.

However, their total sales went up by 10%.

The company faced some challenges in their chemical and fertiliser businesses due to higher costs and bad weather.

They also decided to close down an old plant that wasn't being used.

Despite these problems, they are hopeful for better sales in the future because of good rainfall.

The company is also looking to use the land from the closed plant for new, more sustainable projects.