![Paytm Q4 loss widens to ₹550 cr as fintech writes off ₹227 cr investment in Paytm Payments Bank](https://images.assettype.com/fortuneindia%2F2023-02%2F09989744-8467-4c7d-ad1e-7a82c1b27a95%2FPaytm_Office_IMG_1680_copy_2__1_.jpg?rect=0,0,2048,1024&w=300&q=95)
Paytm Q4 loss widens to ₹550 cr as fintech writes off ₹227 cr investment in Paytm Payments Bank
Loss widened due to impairment of ₹227 crore towards the carrying value of Paytm's investment in Paytm Payments Bank.
Loss widened due to impairment of ₹227 crore towards the carrying value of Paytm's investment in Paytm Payments Bank.
For Q4 FY22, Paytm’s net loss widens by 71% YoY to ₹762.5 crore, while revenue from operations rose 89% to ₹1,540.9 crore