The stock jumped 19.90 per cent to close at Rs 23.80 on BSE.
On NSE, shares of the company zoomed 19.94 per cent to end at Rs 23.75.
The company had posted a net loss of Rs 10.39 crore for October-December period a year ago.
Its total income was up 31.36 per cent to Rs 229.86 crore during the period under review as against Rs 174.98 crore in the corresponding quarter of the last fiscal.