Net profit rose to 142.05 billion rupees ($1.74 billion) for the quarter ended Dec. 31, from 84.32 billion rupees a year earlier, the Mumbai-based lender said in a regulatory filing.

Analysts on average had expected a profit of 131.01 billion rupees, according to Refinitiv IBES data.

($1 = 81.8320 Indian rupees)

(Reporting by Nishit Navin and Chris Thomas in Bengaluru; Editing by Nivedita Bhattacharjee)