Can I install different versions of a single app in both Home and Work Profile

I am using Insular and create a work profile.

In the Work profile, say I want to install a modded version of an app; alongwith it I also want to install the normal version in the Home profile.

When I install the second app, it doesn't installs and a message appears that sort of says, "Another user has already installed this app which is different from this and is of some other version".

Till now, i always thought work profile makes a complete another instance and no corelation with the Home Profile. I want to know was am I wrong somewhere, or had not doing the setup properly.