Private sector lender IDBI Bank on Monday posted 278 per cent year-on-year rise in net profit at Rs 512 crore for the foruth quarter ended March 2021 (Q4FY21) on robust growth in net interest income. The profit stood at Rs 135 crore in fourth quarter ended March 2020 ( Q4Fy20). Sequentially its net profit was up 35 per cent from Rs 378 crore in quarter ended December 2021 (Q3FY21). For FY21, net profit was Rs 1,3459 crore as against net loss of Rs 12,887 crore in FY20. Its stock was trading 2.97 per cent at Rs 36.35 per share on BSE. The Net Interest Income (NII) improved by 38 per cent for Q4FY21 to Rs 3,240 crore from Rs 2,356 crore for Q4FY20. Sequentially NII was up by 79 per cent over Rs 1,810 crore in Q3FY21.