India, Aug. 15 -- Car rental marketplace Zoomcar saw another disappointing quarter in the three-months ended June 2025. The Nasdaq-listed company posted a net loss of $4.2 Mn in the quarter, a jump of over 66% from the $2.5 Mn loss it incurred in the same quarter last year.
The Bengaluru-based company's top line registered a marginal uptick in the quarter under review. Its revenue from services grew 5% to $2.3 Mn from $2.2 Mn a year ago.
Including an other income of $12.4K, Zoomcar's total revenue for the quarter stood at $2.31 Mn. Meanwhile, the company managed to cut its expenses by 27% YoY to $4.1 Mn.
It also incurred an other expense of $2.2 Mn in the quarter as against a gain of $1.4 Mn in the previous year's quarter.
With the lo...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.