The private sector lender's net profit in the corresponding quarter of 2016-17 stood at Rs 68.52 crore.
The private sector bank's asset quality improved with the gross non-performing assets (NPAs) declining to 3.97 per cent of gross advances as on December 31, 2017 against 4.3 per cent a year ago.
Net NPAs were 2.85 per cent of net loans against 2.99 per cent last fiscal.
However, provision and contingencies of the bank rose to Rs 196.40 crore in the December quarter compared to Rs 100.60 crore in the same period a year earlier.
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