Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 475

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 475
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 currency exchange loss, net ,etc. 

    2.
    Net increase in working capital of $0.04 million was a result of improved working capital management during the six months ended September 30, 2025, as compared to the six months ended September 30, 2024. 

66

Investing Activities

Net cash used in investing
activities totaled nominal amount of $ 360 for six months ended on September 30, 2025, as compared to cash generated from investing activities
amounting to $0.38 million during the same period in 2024. The cash generated during six months ended on September 30, 2024, is largely
attributable to receipt of proceeds from maturity of investment in fixed deposits and proceeds from sale of assets held for sale.

Financing Activities

Net cash generated from financing
activities totaled $0.37 million and $1.26 million during the six months ended on September 30, 2025, and September 30, 2024, respectively.
The Company received net proceeds from the issuance of unsecured notes and convertible notes amounting to $0.48 million and $0.36 million
respectively, further the payments include repayment of debt $0.37 million, repayment of unsecured note amounting to $0.04 million and
payment towards finance lease amounting to $0.06 million during the six months ended September30, 2025 as compared to higher proceeds
from the issuance of redeemable promissory note amounting to $3.00 million, further there are cash outflows towards redeemable promissory
note issue expenses amounting to $0.49 million and repayment of Debt amounting to $1.25 million during the six months ended September
30, 2024. As the Company’s cash position decreased, critical payments and debt repayments were not being made in the ordinary course
of business.

Contractual Obligations and Commitments

Contractual obligations are
cash amounts that we are obligated to pay as part of certain contracts that we have entered into during the normal course of business.

Below is a table that shows
our contractual lease obligations as of September 30, 2025:

    Sep 30, 
2025 
  
    Maturities of lease liabilities are as follows: 
    Operating
 Leases  
    Finance
 Leases 
  
    2026 
     162,334  
     3,022,159