The bank had posted a profit of Rs 35.3 crore in the same quarter last year.
Total income also declined to Rs 2,475.96 crore from Rs 2,999.5 crore in the December quarter previous fiscal.
On asset quality front, gross NPAs further deteriorated to 19.56 per cent from 14.79 per cent in the same quarter a year ago.
Net NPAs went up to 11.52 per cent from 9.52 per cent at the end of December 2016.
As a result, provisions for bad loans more than doubled to Rs 1,044.28 crore as against Rs 426.62 crore in the year-ago period.
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