Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 0

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
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Item 1. Financial Statements.

ZOOMCAR HOLDINGS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(in
USD, except number of shares)

    As at 
    September 30,  2025  
    March 31, 2025 

    Assets 

    Current assets : 

    Cash and cash equivalents (Refer Note 27- VIE) 
    $169,357  
    $1,077,275 
  
    Accounts receivable, net of allowance for credit losses 
     94,357  
     200,650 
  
    Assets held for sale 
     233,110  
     267,293 
  
    Prepaid expenses 
     418,376  
     1,020,170 
  
    Balances with government authorities 
     -  
     187,458 
  
    Other current assets (Refer Note 27- VIE) 
     227,106  
     261,200 
  
    Total current assets 
    $1,142,306  
    $3,014,046 
  
    Property and equipment, net of accumulated depreciation $5,944,663 and $6,870,891 respectively 
     222,403  
     327,124 
  
    Operating lease right-of-use assets 
     888,705  
     1,021,898 
  
    Intangible assets, net of accumulated amortisation of $12,112 and $10,941 respectively 
     3,678  
     5,451 
  
    Long term investments (Refer Note 27- VIE) 
     21,471  
     25,653 
  
    Prepaid expenses 
     225,291  
     257,385 
  
    Other non-current assets, net of allowance for credit losses 
     614,580  
     705,767 
  
    Total assets 
    $3,118,434  
    $5,357,324 

    Liabilities and stockholders’ deficit 

    Current liabilities : 

    Accounts payable (Refer Note 27- VIE) 
    $13,805,383  
    $12,396,147 
  
    Accounts payable towards related parties 
     152,435  
     152,435 
  
    Current maturities of long-term