ING Vysya Bank today reported a 198.53% increase in net profit of Rs 42.75 crore for third quarter ended December 31, 2007 as against Rs 14.33 crore recorded during Q3FY07.In a release to the Bombay Stock Exchange, the company informed that its total income had risen to Rs 528.06 crore during December 31, 2007 from Rs 370.87 crore reported during December 31, 2006.