Private lender Yes Bank on Wednesday reported a 27.4% rise in its standalone net profit at Rs 702.1 crore for the fourth quarter (Q4) ended March 31, 2016.

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The bank's net profit stood at Rs 551 crore in the corresponding quarter of 2014-15 fiscal.

Its total income has increased to Rs 4,331.1 crore for the quarter ended March, up 17.7%, from Rs 3,678.8 crore for the March quarter of 2015, it said in a Bombay Stock Exchange (BSE) filing.

The bank's net interest income (NII) in January-March went up by 27.1% to Rs 1,241.4 crore while non-interest income grew 36% to Rs 802.8 crore.

Yes bank's total provisioning against bad loans in the said quarter climbed 47.6% to Rs 186.5 crore as compared with Rs 126.4 crore in the same quarter of 2014-15.

On the asset quality front, the bank's net non-performing assets (NPA), or bad loans, increased to 0.29% of total advances in the March quarter, from 0.12% a year ago.

Likewise, gross NPAs grew to 0.76% in the last quarter, from 0.41% a year earlier.

For the full fiscal 2015-16, the bank posted a net profit of Rs 2,539.5 crore as against Rs 2,005.4 crore in the year-ago period.

The bank's total income during the fiscal jumped to Rs 16,245.6 crore from Rs 13,618.5 crore in the previous fiscal.

In a separate filing, Yes Bank's board recommended payment of a final dividend of Rs 10 per share.

At 11:41 hours, the shares of Yes Bank were trading down 0.28% or Rs 2.55 to Rs 908.00 per scrip on the BSE.