The Q1 result was announced after market hours on Thursday, 7 August 2014.

Meanwhile, the S&P BSE Sensex was down 252.45 points or 0.99% at 25,336.56.

On BSE, so far 35,000 shares were traded in the counter as against average daily volume of 27,000 shares in the past two weeks.

The stock hit a high of Rs 460 and a low of Rs 436.35 so far during the day.

Vardhman Group is a leading textile conglomerate in India. Spanning over 25 manufacturing facilities in five states across India, the group business portfolio includes yarn, greige and processed fabric, sewing thread, acrylic fibre and alloy steel.