Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 42

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 location 
     June
                                            30,
 2025  
     June
                                            30,
 2024 
  
    India 
    $2,312,753  
    $2,223,638 
  
    Egypt 
     -  
     13,498 
  
    Indonesia 
     -  
     3,849 

    $2,312,753  
    $2,240,985 

Contract balances

The Company’s contract liabilities
for consideration collected prior to satisfying the performance obligations against scheduled trips is $519,721 and $471,720 as at June
30, 2025 and March 31, 2025, respectively.

During the quarter ended June 30, 2025,
the Company has offered vouchers that results in the deferral of revenue equivalent to amount received on the date of purchase of such
vouchers. The accumulated deferred revenue amounting to $47,052 and $Nil as at June 30, 2025 and March 31, 2025, respectively in relation
to vouchers issued.

Further, the Company offers loyalty
program, Z-Points, that results in the deferral of revenue equivalent to the retail value on the date points are earned. The Company had
accumulated deferred revenue amounting to $23,347 and $21,365 as at June 30, 2025 and March 31, 2025, respectively in relation to loyalty
program.

Revenue recognized during the quarter
ended June 30, 2025 which was included in contract liabilities balance at the beginning of the respective period amounts to $132,630 ($269,376
recognized during the year quarter ended June 30, 2024).

20Finance costs

The components of finance costs were
as follows:

    (In USD) 
    June 30,
 2025  
    June 30,
 2024 
  
    Finance costs -other than related parties 

    Interest on vehicle loans 
    $56,730  
    $76,166 
  
    Interest on finance leases 
     99,578  
     136,043 
  
    Interest on subcontractor liability 
     22,825  
     23,416 
  
    Interest on redeemable promissory notes 
     -  
     146,762 
  
    Interest on unsecured notes 
     4,231  
     -