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New Delhi, Oct 31 Indo Asian Fusegear Limited has reported a 12 per cent dip in net profit at Rs 3.83 crore during the second quarter of the current fiscal as compared to Rs 4.34 crore reported during the same period last year.

The company’s revenues increased by 41.18 per cent to Rs78.20 crore as compared to Rs 55.39 crore for the corresponding quarter in the previous year.

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