Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 282

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 282
---
 in
Loss/(Gain) on sale of assets held for sale under Other (income)/expense of Condensed Consolidated Statements of Operations. During
the three months and nine months ended December 31, 2024, total profit of $ and $ was recorded on sale of vehicles held
for sale respectively (total loss of $ and $ for the three months and nine months ended December 31, 2023
respectively).

During the three and nine months ended
December 31, 2024, the Company has recorded the impairment amount of $ and $, respectively. During the three and nine months
ended December 31, 2023, the Company has recorded the impairment amount of $ and $, respectively. The impairment amount
is included in ‘Impairment on assets held for sale’ under Other (income)/expense of Condensed Consolidated Statements of Operations.

| 11 | Property           
 and equipment, net |

The components of property and equipment
were as follows:

|                                | (In USD) 
 As at    |              | Estimated   
 useful life |   | December 31, 
         2024 |   |     |   |  March 31, 
       2024 |   |
|:-------------------------------|:---------|:-------------|:------------|:--|-------------:|:--|:----|:--|-----------:|:--|
| Devices                        |          | 3 - 5 years  |             | $ |    3,107,319 |   |     | $ |  3,274,998 |   |
| Computer equipments            |          | 2 - 7 years  |             |   |      550,939 |   |     |   |    603,864 |   |
| Office equipments              |          | 3 - 10 years |             |   |      229,025 |   |     |   |    245,545 |   |
| Furniture and fixtures         |          | 10 years     |             |   |        1,718 |   |     |   |      7,398 |   |
| Total, at cost                 |          |              |             |   |    3,889,001 |   |     |   |  4,131,805 |   |
| Less: Accumulated depreciation |          |              |             |   |   (2,741,574 | ) |     |   | (