Car Marketplace Zoomcar: Net Loss Down By 76%

Zoomcar Holdings Inc. Delivers Eighth Consecutive Quarter of Positive Contribution Profit

Deepankar Tiwari, CEO, Zoomcar

FinTech BizNews Service

Mumbai, November 15, 2025: Zoomcar Holdings Inc. (OTCQB: ZCAR), India’s leading peer-to-peer car-sharing marketplace, announced results for the quarter ended September 30, 2025 (Q2 FY25-26), marking its eighth consecutive quarter of positive contribution profit and sustained progress toward full profitability.

Zoomcar reported a contribution profit of USD 1.20 million, with per-booking profitability up 5% year-over-year to USD 12.07. Adjusted EBITDA loss improved by 14% YoY, and net loss narrowed 76% to USD 0.79 million from USD 3.35 million in Q2 FY24-25. Gross Booking Value reached USD 6.23 million, driven entirely by organic demand.

“Our performance this quarter highlights the resilience of our asset-light marketplace and the discipline driving profitable growth,” said Deepankar Tiwari, CEO, Zoomcar. “We continue building a trusted community of hosts and guests as India accelerates its shift from car ownership to access.”

Key Highlights – Q2 FY25-26

1. Eight Quarters of Profitability:
   Zoomcar reported its eighth consecutive quarter of positive contribution profit, reflecting the strength of its scalable, asset-light marketplace. The Company generated USD 1.20 million in total or USD 12.07 per booking during the current Fiscal Quarter ended September 30, 2025.
2. Organic Growth Momentum:
   Gross Booking Value rose 2% year-over-year to USD 6.23 million, achieved entirely without any spends on paid marketing for the last 18 months.
3. Growing Customer Loyalty:
   With repeat users steady at 56% to 57% year-over-year, we continue to see a highly engaged base that returns for the platform experience we’ve built.
4. High-Quality Host Network:
   Active high quality hosts (rated 4.5+ out of 5) increased significantly by 46% year over year.
5. Improved EBITDA Performance:
   Adjusted EBITDA improved 14% year-over-year, driven by tighter cost control and operating leverage. Year to date six months  ended September 30, 2025 shows 36% improvement in Adjusted EBITDA. 
6. Sharp Reduction in Net Loss:
   Net loss attributable to shareholders narrowed 76% year-over-year to USD 0.79 million, marking a significant step toward operating profitability.
   Zoomcar continues to benefit from India’s growing mobility shift, with the self-drive car-sharing market projected to expand from 18.48 million guests in 2025 to 65 million by 2031. Since transitioning to a full peer-to-peer model, Zoomcar has built a trusted community of over 10 million guests and 42,000 cars across 99 cities nationwide.