Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 304

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 304
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 Change  
    2025  
    2024  
    Change  
    %
    Change 
  
    Gain on
    troubled debt restructuring 
     -  
     (352,447) 
     352,447  
     -100% 
     (72,912) 
     (352,447) 
     279,535  
     -79%

Gain
on troubled debt restructuring during the three months ended on September 30, 2025 was Nil as compared to $0.35 million during the three
months ended on September 30, 2024. The gain on troubled debt restructuring was on account of restructuring of vendor and lender dues.

Gain
on troubled debt restructuring during the six months ended on September 30, 2025 was $0.07 million was on account of the gain on troubled
debt restructuring of operating lease restructurings as compared to $0.35 million on account of gain on troubled debt restructuring was
on account of restructuring of vendor and lender dues during the six months ended on September 30,2025. There is a reduction of $0.28
million or 79% of these gains during the six months ending September 30, 2025 as compared to the six months ending September 30, 2024.

Other
expense/(income), net

    For the Three Months  Ended Sep 30,  
    For the Six Months Ended Sep 30, 

    2025  
    2024  
    Change  
    % Change  
    2025  
    2024  
    Change  
    % Change 
  
    Other (income) expense, net 
     (1,657,647) 
     (28,007) 
     (1,629,640) 
     5819% 
     427,022  
     (1,031,781) 
     1,458,803  
     -141%

Other income was $1.66 million
during the three months ended on September 30, 2025, versus other income of $0.03 million during the three months ended on September 30,
2024, an increase in income of $1.63 million or 5819%.This increase in income is due to gain on account of derecognition of subsidiary
amounting to $1.46 million