Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1877

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 6
Chunk 1877
---
ivables 
     64,091  
     235,040 
  
    Other current assets 
    $261,200  
    $523,746 

9(b) Other current assets with related parties

The components of other current assets with related parties were as
follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 

    Advance to director 
    $-  
    $44,168 
  
    Other current assets with related parties 
    $      -  
    $44,168 

F-25

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

10Assets held for sale

The components of assets held for sale were as follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 

    Vehicles 
    $267,293  
    $629,908 
  
    Total assets held for sale 
    $267,293  
    $629,908 

Vehicles represent the vehicles held for sale
in the Indian subsidiary, Zoomcar India Private Limited. The gain or loss on sale of these assets is included in Loss/(Gain) on sale of
assets held for sale under Other (income)/expense of Consolidated Statements of Operations. During the year ended March 31, 2025, total
profit of $1,054 was recorded on sale of vehicles held for sale (total loss of $40,293 for the year ended March 31, 2024).

During the year ended March 31, 2025, the Company has recorded the impairment amount of $448,484. During the year ended March 31, 2024,
the Company has recorded the impairment amount of $167,413. The impairment amount is included in ‘Impairment on assets held for sale’ under
Other (income)/expense of Consolidated Statements of Operations.

11Property and equipment, net

The components of property and equipment were as follows:

    (In
    USD)
    As at 
    Estimated useful life 
    March 31,
 2025  
    March 31,
 2024 

    Vehicles and devices 
    5 years 
    $2,399,282  
    $3,274,998 
  
    Computer equipments