Zoomcar Holdings Earnings Call Transcripts
Fiscal Year 2027
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Achieved record contribution profit and narrowed adjusted EBITDA loss by 65%, despite a deliberate 16% reduction in bookings to focus on higher-value trips. Net revenue grew 2% as reported, with underlying rupee growth at 10%, and a two-wheeler rental pilot was launched in Bangalore.
Fiscal Year 2026
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Delivered 10 straight quarters of positive contribution profit, with a 47% reduction in adjusted EBITDA loss and a 43% improvement in shareholder losses year-over-year. Revenue remained flat despite an 8% drop in bookings, reflecting a disciplined focus on profitable growth.
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Peer-to-peer car-sharing platform delivered its eighth straight quarter of contribution profit, with revenue up 2% YoY and net loss narrowing 76%. Strong organic growth, high repeat usage, and disciplined cost control position the company for accelerated expansion.
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Contribution profit rose 148% year-over-year to $1.14 million, with margins improving to 49%. Loss from operations declined 48%, and repeat user rates and host quality saw significant gains. Positioned for breakeven and further scaling in FY 2026.
Fiscal Year 2025
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Delivered a $4.25M contribution profit for FY 2025, reversing a prior loss, with bookings up 10% and repeat users up 86%. Operational losses and adjusted EBITDA loss narrowed significantly, supported by $16.5M in new funding and major debt reduction.
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Q3 FY2024-2025 saw 19% booking growth, a 1% revenue increase, and a significant rise in contribution margin to 52%. Recent fundraising and debt restructuring efforts aim to support growth and improve financial sustainability.