MIC Electronics Ltd. announced unaudited standalone and consolidated earnings results for the second quarter and six months ended December 31, 2011. For the quarter, on standalone basis, the company reported the company reported profit from operations before other income, interest and exceptional items of INR 33.6 million compared to INR 202.0 million reported a year ago. Net profit was INR 1.6 million or INR 0.01 per diluted share before and after extraordinary items compared to net profit of INR 140.6 million or INR 1.20 per diluted share before and after extraordinary items reported a year ago. Net sales were INR 210.8 million compared to INR 683.6 million reported a year ago. For the six months, on standalone basis, the company reported the company reported profit from operations before other income, interest and exceptional items of INR 105.8 million compared to INR 431.7 million reported a year ago. Net profit was INR 26.1 million or INR 0.24 per diluted share before and after extraordinary items compared to net profit of INR 307.1 million or INR 2.62 per diluted share before and after extraordinary items reported a year ago. Net sales were INR 613.4 million compared to INR 1,358.0 million reported a year ago. For the quarter, on consolidated basis, the company reported the company reported profit from operations before other income, interest and exceptional items of INR 34.1 million compared to INR 208.6 million reported a year ago. Net profit was INR 0.4 million or INR 0.00 per diluted share before and after extraordinary items compared to net profit of INR 142.6 million or INR 1.22 per diluted share before and after extraordinary items reported a year ago. Net sales were INR 210.5 million compared to INR 815.6 million reported a year ago. For the six months, on consolidated basis, the company reported the company reported profit from operations before other income, interest and exceptional items of INR 107.5 million compared to INR 438.1 million reported a year ago. Net profit was INR 25.0 million or INR 0.23 per diluted share before and after extraordinary items compared to net profit of INR 310.2 million or INR 2.65 per diluted share before and after extraordinary items reported a year ago. Net sales were INR 613.9 million compared to INR 1,616.7 million reported a year ago.