Zoomcar Reduces Adjusted EBITDA Loss by 47% and Achieves Tenth Consecutive Quarter of Positive Contribution Profit

Zoomcar Holdings, Inc. (OTCQB: ZCAR), India's leading car rental platform, announced its latest quarterly earnings showing notable financial improvements. The company reduced its adjusted EBITDA loss by 47%, reflecting enhanced operational efficiency. Contribution profit per booking increased by 30% to $12.94, and the contribution margin expanded by 800 basis points to 55% of revenue. Additionally, the net loss attributable to shareholders narrowed by 43% to $14.62 million. These results indicate a sustained trend of profitability and operational growth for Zoomcar, which has now achieved ten consecutive quarters of positive contribution profit. The company’s focus on optimizing its fleet management and expanding its customer base appears to be paying off, as evidenced by the improved margins and reduced losses. This financial performance could positively influence investor sentiment and reflect a strengthening position within the competitive Indian mobility market.