Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 40

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 31, 2025 
  
    Operating Leases 

    Operating lease right-of-use assets 
    $888,705  
    $1,021,898 

    Current operating lease liabilities 
    $310,838  
    $316,756 
  
    Non-current operating lease liabilities 
     670,459  
     801,981 
  
    Total operating lease liabilities  
    $981,297  
    $1,118,737 

    Finance Leases 

    Property and equipment, at cost 
    $5,565,031  
    $5,777,170 
  
    Accumulated depreciation 
          (3,868,200) 
     (4,015,655)
  
    Accumulated impairment 
     (1,696,831) 
     (1,761,515)
  
    Property and equipment, net  
    $-  
    $- 

    Current finance lease liabilities 
    $2,468,617  
    $3,966,962 
  
    Total finance lease liabilities  
    $2,468,617  
    $3,966,962 

  Weighted Average Remaining Lease Term            Operating leases    42 months     48 months   Finance leases    12 months     18 months 

    Weighted Average Discount Rate 

    Operating leases 
     13.00% 
     13.00%
  
    Finance leases 
     9.00% 
     9.00%

The
Company determines the incremental borrowing rate by adjusting the benchmark reference rates, with appropriate financing spreads applicable
to the respective geographies where the leases were entered and lease specific adjustments for the effects of collateral.

    Six months ended
 September 30, 
2025  
    Year ended
 March 31,
 2025 
  
    Maturities of lease liabilities are as follows: 
    Operating
 Leases  
    Finance
Leases  
    Operating
Leases  
    Finance
Leases 
  
    2026 
    $162,334  
    $3,022,159  
    $337,044  
    $4,285,354 
  
    2027 
     340,451  
     -  
     353,429  
     -