Zoomcar Holdings Inc ( (ZCAR) ) has released its Q2 earnings. Here is a breakdown of the information Zoomcar Holdings Inc presented to its investors.
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Zoomcar Holdings Inc., headquartered in Bengaluru, is India’s largest peer-to-peer car-sharing marketplace, connecting vehicle owners with users for flexible self-drive access, promoting shared mobility that is economically empowering and environmentally sustainable.
Zoomcar has reported its eighth consecutive quarter of positive contribution profit, with a notable improvement in its financial metrics for Q2 FY25-26. The company achieved a contribution profit of USD 1.2 million and saw a significant narrowing of its net loss by 76% year-over-year.
Key financial highlights include a 14% year-over-year improvement in adjusted EBITDA and a gross booking value of USD 6.23 million, driven entirely by organic demand. The company also reported a 46% increase in high-quality hosts and maintained a steady repeat user rate, reflecting strong customer loyalty.
Zoomcar’s strategic focus on an asset-light marketplace and disciplined growth continues to yield positive results, positioning the company well within India’s expanding mobility market. The management remains optimistic about the future, as the self-drive car-sharing market is projected to grow significantly in the coming years.
Looking ahead, Zoomcar is poised to benefit from India’s shift towards shared mobility, with plans to further enhance its platform and community of users and hosts, aiming for sustained profitability and growth.