Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 47

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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 PBO at the end of the period 
    $347,169  
    $325,441 

    Accrued pension liability 

    Current liability 
    $78,942  
    $90,470 
  
    Non-current liability 
     268,225  
     234,971 

    $347,167  
    $325,441 

    Accumulated benefit obligation 
    $267,755  
    $250,374 

    Net gratuity cost recognized in income statement 

    June 30,
 2025  
    June 30,
 2024 
  
    Service cost 
    $18,507  
    $19,552 
  
    Interest cost 
     4,887  
     5,283 
  
    Amortization of net actuarial gains 
     (302) 
     (1,679)
  
    Net periodic benefit cost 
    $23,092  
    $23,156 

    Re-measurement losses in other comprehensive income 

    June 30,
 2025  
    June 30,
 2024 
  
    Actuarial Loss 
    $30,693  
    $63,511 
  
    Amortization loss 
     (302) 
     (1,679)
  
    Total 
    $30,995  
    $65,190 

    Components of actuarial gain: 

    June 30,
 2025  
    June 30,
 2024 
  
    Actuarial loss/(gain) due to demographic assumption changes in defined benefit obligation 
    $6,575  
    $(941)
  
    Actuarial loss/(gain) due to financial assumption changes in defined benefit obligation 
     7,346  
     (677)
  
    Actuarial loss due to experience on defined benefit obligation 
     16,772  
     65,129 
  
    Total 
    $30,693  
    $63,511 

35

ZOOMCAR HOLDINGS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

    The assumptions used in accounting for the gratuity plan are as follows: 

    June 30,
 2025  
    June 30,
 2024 
  
    Discount rate - staff 
     6