Zoomcar’s Loss Zooms 66% YoY To $4.2 Mn In June Quarter

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SUMMARY

The Nasdaq-listed company posted a net loss of $4.2 Mn against a total income of $2.31 Mn in the first quarter of the fiscal year

The company, whose accumulated deficit now stands at a whopping $337.4 Mn, expects to continue to incur losses for at least one year

Without additional funding, Zoomcar said that it will not have sufficient funds to meet its obligations within one year

Car rental marketplace Zoomcar saw another disappointing quarter in the three-months ended June 2025. The Nasdaq-listed company posted a…



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Zoomcar’s Loss Zooms 66% YoY To $4.2 Mn In June Quarter


SUMMARY

The Nasdaq-listed company posted a net loss of $4.2 Mn against a total income of $2.31 Mn in the first quarter of the fiscal year

The company, whose accumulated deficit now stands at a whopping $337.4 Mn, expects to continue to incur losses for at least one year

Without additional funding, Zoomcar said that it will not have sufficient funds to meet its obligations within one year

Car rental marketplace Zoomcar saw another disappointing quarter in the three-months ended June 2025. The Nasdaq-listed company posted a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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