Paytm Stock Price Rises Over 4% After Groq AI Partnership Despite Q2 Profit Slump

Mumbai, November 6, 2025: Shares of One 97 Communications Ltd surged 4.42% to ₹1,324 as of 12:30 PM on Thursday, up from the previous close of ₹1,268, following the company’s announcement of a strategic partnership with U.S.-based AI infrastructure firm Groq. The collaboration aims to enhance payments and platform intelligence systems.

The stock opened at ₹1,310 and traded in a range of ₹1,292.70 to ₹1,333.80 during the session. The company’s market capitalization stood at ₹81,038.90 crore, with a traded volume of 66.92 lakh shares.

Partnership Strengthens Paytm’s AI Capabilities

Paytm aims to leverage Groq’s purpose-built language processing unit technology via GroqCloud to enhance its AI infrastructure. The integration is expected to deliver cost-efficient AI inference, improve existing GPU-based systems, and revitalize payments and operations. The company also seeks to prevent fraud, strengthen decision-making, and boost customer engagement through advanced AI capabilities.

In reference to this partnership, Narendra Singh Yadav, Chief Business Officer at Paytm, said, “This collaboration with Groq helps to strengthen our technology foundation by supporting real-time AI inference at scale. It continues to build on our journey to create India’s most sophisticated AI-driven payments and financial services platforms.” Scott Albin, the general manager of APAC at Groq, stated that the relationship is “make AI useful and accessible,” enabling real-time AI innovation at a national scale.

Q2FY26 Consolidated Financial Highlights

In Q2FY26, Paytm reported a net profit of ₹21 crore, down 97.7% year-on-year from ₹1,345 crore in the same period last year, with a loss of ₹190 crore recorded during the quarter. Despite this, revenue rose 24.2%, reflecting strong and consistent growth in its payments and financial services business.

REF: https://nsearchives.nseindia.com/corporate/PAYTM_05112025080323_SEDisclosure_Press_Release_05112025_sd.pdf

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