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Zoomcar Posts $26 Mn Loss On $9 Mn Revenue In FY25

  • Zoomcar managed to reduce its loss by 25% to $25.6 Mn in FY25 despite a decrease in revenue, which fell to $9.1 Mn.
  • The company's adjusted EBITDA loss shrank by 44% to $9.9 Mn in FY25 compared to the previous fiscal year.
  • Zoomcar reported a contribution profit of $4.3 Mn in FY25, a significant improvement from a contribution loss of $980K in FY24.
  • The company remains burdened by debt, recording a loss of $1.2 Mn in troubled debt restructuring, raising doubts about its ability to continue as a going concern.

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