Sharad Fibres & Yarn Processors Ltd. announced unaudited earnings results for the second quarter and half year ended September 30, 2011. For the quarter, the company reported sales of INR 0.37 million against INR 11 million in the same period of last year. Loss before depreciation and tax was INR 0.052 million against profit before depreciation and tax of INR 0.349 million in the same period of last year. Net loss before tax was INR 0.052 million against net profit before tax of INR 0.349 million in the same period of last year. Net loss was INR 0.052 million or INR 0.01 per diluted share against net profit of INR 0.349 million or INR 0.09 per diluted share in the same period of last year. For the half year ended September 30, 2011, the company reported sales of INR 0.37 million against INR 13.154 million in the same period of last year. Loss before depreciation and tax was INR 0.052 million against INR 1.037 million in the same period of last year. Net loss before tax was INR 0.052 million against INR 1.037 million in the same period of last year. Net loss was INR 0.052 million or INR 0.01 per diluted share against net loss of INR 1.037 million or INR 0.26 per diluted share in the same period of last year.