Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 274

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 274
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 as September 30, 2025. The effective tax rate differs from the statutory tax rate
of 21% for the three months and six months ended September 30, 2025 and 2024, due to changes in valuation allowance on the deferred tax
assets.

The
Company has received various orders from Indian tax authorities, for details Refer Note 29.

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space has been left intentionally blank)

40

ZOOMCAR
HOLDINGS, INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

23Net
loss per share

The
components of basic and diluted loss per share were as follows:

    (In USD, except loss per share) 
    Three months ended  September 30,  
    Six months ended  September 30, 

    2025  
    2024  
    2025  
    2024 

    Net loss available for common shareholders (A) 
    $(794,149) 
    $(3,351,975) 
    $(4,999,462) 
    $(5,883,554)
  
    Weighted average outstanding shares of common stock (B) # 
     11,759,019  
     37,849  
     10,128,247  
     36,062 
  
    Common stock and common stock equivalents (C) # 
     11,759,019  
     37,849  
     10,128,247  
     36,062 
  
    Loss per share 

    Basic (A/B) 
    $(0.07) 
    $(88.56) 
    $(0.49) 
    $(163.15)
  
    Diluted (A/C) 
    $(0.07) 
    $(88.56) 
    $(0.49) 
    $(163.15)

Since
the Company was in a loss position for the three months and six months ended September 30, 2025 and September 30, 2024, basic loss per
share was same as diluted net loss per share for the periods presented. The following potentially dilutive outstanding securities as
of September 30, 2025 and September 30, 2024 were excluded from the computation of diluted loss per share because their effect would
have been anti-dilutive for the periods presented, or issuance of