JK Tyres & Industries soared 13.75% to Rs 131.50 after the company's consolidated net profit surged to Rs 230.66 crore in Q3 December 2020 over a net profit of Rs 11.65 crore in Q3 December 2019. Consolidated net sales jumped 25.9% to Rs 2769.28 crore in Q3 FY21 as against Rs 2199.80 crore in Q3 FY20. This was best ever sales for any quarter. EBITDA doubled to Rs 507 crore in Q3 December 2020. Profit before tax was at Rs 342.97 crore in Q3 December 2020 as against Rs 23.31 crore in Q3 December 2019. Tax expense for the quarter stood at Rs 67.88 crore as against Rs 14.87 crore in Q3 December 2019. The Q3 result was declared after market hours yesterday, 21 January 2021.