Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 267

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 267
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 interest
accrued till date amounting to $5,997,833. Furthermore as per the order of the court, the Company is liable to pay interest at 9% per
annum till the date the ordered amount is paid in full.

The
change in fair value resulted in loss of $136,060 and $270,642 that is recorded for the three months and six months ended September 30,
2025 respectively (loss of $390,218 and gain of $970,020 for the three months and six months ended September 30, 2024) in the Condensed
Consolidated Statements of Operations (as no portion of such fair value adjustment resulted from instrument-specific credit risk). Also,
Refer Note 28.

(This
space has been left intentionally blank)

35

ZOOMCAR
HOLDINGS, INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

16Other
current liabilities

The
components of other current liabilities were as follows:

    (In USD) As at 
    September 30,  2025  
    March 31,  2025 

    Payable to customers 
    $213,819  
    $273,591 
  
    Statutory dues payable 
     1,418,859  
     1,588,047 
  
    Capital creditors 
     5,577  
     5,790 
  
    Employee benefit expenses payable 
     144,919  
     274,049 
  
    Other liabilities* 
     714,275  
     1,058,172 
  
    Other current liabilities 
    $2,497,449  
    $3,199,649 

*Includes
payables related to operating leases and the residual value of vehicles acquired from Leaseplan India Private Limited.

17Accumulated
other comprehensive income/ (loss)

The
components of accumulated other comprehensive income/(loss) were as follows:

    (In USD) As at 
    September 30,  2025  
    March 31,  2025 

    (Loss)/ Gain on employee benefit 

    Balance, beginning of period 
    $(18,186) 
    $46,101 
  
    Recognized during the period, net of taxes amounts to $NIL 
     (22,471) 
     (57,663)
  
    Rec