Feb 25 (Reuters) - Manchester United ( MANU ) said on Wednesday ​it turned a ‌profit in the ⁠second quarter as ⁠its cost-cutting ‌measures ‌began to bear fruit, ​though ‌lower sponsorship revenue and ticket ​sales after ​missing ‌out on European competitions reined in ⁠earnings.

United reported a ⁠net profit of 4.2 million pounds ($5.67 ⁠million) ‌for the quarter ‌ended December ⁠31, compared with a loss of 27.7 million pounds a year earlier.

($1 = ​0.7407 pounds) (Reporting by Yadarisa Shabong ​and Shashwat ‌Awasthi in ​Bengaluru)