Zoomcar Holdings Inc. $(ZCAR)$, India's leading car-sharing marketplace, announced its financial results for the fiscal year ended March 31, 2025. The company reported a record contribution profit of $4.25 million, which accounts for 47% of its revenue, a significant turnaround from a loss of $0.98 million (-10% of revenue) in FY24. This marks the sixth consecutive quarter of positive contribution profit. The company also achieved a 10% year-over-year increase in bookings, rising from 387,821 in FY24 to 426,788 in FY25. The repeat user rate saw an impressive increase of 86%, reaching 13% in FY25 compared to 7% in the previous fiscal year, attributed to product enhancements and loyalty initiatives. Zoomcar has focused on operational excellence, launching advanced vehicle inspection and GPS safety protocols, and is set to introduce new B2B tools to assist fleet operators in managing and scaling their inventory on the platform. The early adoption of AI-led support and fraud detection has improved platform efficiency and guest trust. CEO Deepankar Tiwari highlighted the company's focus on improving customer experience and leveraging technology for growth, stating FY 2025 was pivotal for strengthening marketplace fundamentals and achieving new financial milestones.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zoomcar Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: IO21081) on June 30, 2025, and is solely responsible for the information contained therein.
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