MUMBAI, May 22 Reuters Indian digital payments firm Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact as the company absorbs the full effect of the Reserve Bank of India39;s order to wind down its banking unit.

Paytm wrote down the value of its entire investment in Payments Payment Bank Ltd PPBL worth 2.27 billion Indian rupees 27.26 million considering future uncertainties over the latter39;s business operations, it said in an exchange filing.

The full impact of RBI39;s move would be felt in the AprilJune quarter, when Paytm expects its loss before interest, taxes, depreciation and amortization to be between 5 billion rupees and 6 billion rupees, the company said.

While we have mentioned that the next quarter AprilJune will be EBITDA earnings before interest, taxes, depreciation and amortization negative, we will get back very quickly on the path of profitability, Madhur Deora, president and group CFO of Paytm said in a postearnings analyst call, without specifying any timeline.

Paytm39;s consolidated net loss in the fourth quarter widened to 5.5 billion rupees from 1.68 billion rupees a year ago.

Our fourth quarter 2024 results were impacted by temporary disruption on account of UPI Unified Payments Interface transition etc and permanent disruption because of PPBL embargo, Paytm said.

The digital payments firm said it was confident of seeing meaningful improvement starting from the second quarter, adding it…