The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.
The deal would be the world’s biggest cross-border secondary listing - will be seen as a boost for Hong Kong.
The company's net profit stood at Rs 3,084.54 crore in the year-ago period, it said in a regulatory filing.
The bank had reported a profit after tax of Rs 149 crore in the same period last year on a standalone basis.
The company had posted a PAT of Rs 1,708.92 crore for the same quarter last fiscal.
The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.
Total income (standalone) increased to Rs 13,494.12 crore from Rs 11,256.96 crore a year ago.
Turnover slipped to Rs 1.32 lakh crore from Rs 1.51 lakh crore due to dip in prices.
The bank had reported a net loss of Rs 1,542.54 crore in the same period previous fiscal.
The profit was lower than the USD 5.3 billion average of analysts’ estimates compiled by the bank.