Mumbai, Jan. 21 -- JK Tyre recorded its best sales for any quarter with a 26% increase to INR 2776 crore on the increased demand for passenger, commercial vehicle and farm tyres.

EBITDA doubles to INR 507 Crores and PBT recorded a multifold increase to INR 343 Crores, compared with the corresponding quarter.

On a standalone basis, sales aggregated Rs.1851 Crores with EBITDA of Rs.312 Crores and PBT of INR196 crores.

Commenting on the results, Dr Raghupati Singhania, Chairman and Managing Director, said, "JK Tyre turned out an excellent performance in Q3 - in terms of Sales and Profitability. This was largely driven by the increased demand for Passenger, Commercial vehicle as well as Farm tyres. Continued focus on improvement in operati...