Paytm April-June quarter loss widens

Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on Paytm Payments Bank Ltd.

The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the company.