Cheering the good results, the company's scrip opened the day on a strong note and gained 19.96 per cent to Rs 97.35 on the BSE Sensex.
At the NSE Nifty, the stock soared 19.95 per cent to Rs 97.70.
The company's result was announced after market hours yesterday.
It had posted a net loss of Rs 20.41 crore in the same quarter last year.
The company's net sales during the December quarter was Rs 2,276.30 crore, against Rs 1,252.85 crore in the year-ago period.