Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1053

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 2
Chunk 1053
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 basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

GRANT THORNTON Bharat LLP

We have served as the Company’s auditor since 2021.

Gurugram, India

June 30, 2025

F-2

ZOOMCAR HOLDINGS, INC.

CONSOLIDATED BALANCE SHEETS

    (in USD, except number of shares) As at 
    March 31, 2025  
    March 31, 2024 
  
    Assets 

    Current assets : 

    Cash and cash equivalents (Refer Note 32- VIE) 
    $1,077,275  
    $1,496,144 
  
    Accounts receivable, net of allowance for credit losses (Refer Note 32- VIE) 
     200,650  
     194,197 
  
    Balances with government authorities 
     187,458  
     427,702 
  
    Short term investments 
     -  
     298,495 
  
    Prepaid expenses (Refer Note 32- VIE) 
     1,020,170  
     1,445,336 
  
    Other current assets (Refer Note 32- VIE) 
     261,200  
     523,746 
  
    Other current assets with related parties 
     -  
     44,168 
  
    Assets held for sale 
     267,293  
     629,908 
  
    Total current assets 
    $3,014,046  
    $5,059,696 
  
    Property and equipment, net of accumulated depreciation $6,717,519 and $6,189,452 respectively (Refer Note 32- VIE) 
     327,124  
     1,558,980 
  
    Operating lease right-of-use assets 
     1,021,898  
     1,290,608 
  
    Intangible assets, net of accumulated amortisation of $10,941 and $14,640 respectively (Refer Note 32- VIE) 
     5,451  
     18,393 
  
    Long term investments (Refer Note