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Mumbai, Jan. 14 Asian Star, a diamond and jewellery company, has registered 63 per cent growth in its net profit at Rs 12.9 crore for the third quarter ended December 31. For the same period of the previous year, it posted a net profit of Rs 7.9 crore.

The company has diversified into jewellery manufacturing, which accounted for 26 per cent of the total revenue, and enabled it to realise better profits, said Mr Vipul Shah, CEO and MD of Asian Star.

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