Zoomcar achieves record contribution profit in December 2024, covering India operational costs

Zoomcar Profitability Improvement 2024: Zoomcar has demonstrated impressive financial progress over the past year. In the first fiscal quarter of 2024-25, the company reported a contribution profit of USD 0.46 million (20 per cent), a significant improvement from a loss of USD 1.2 million (45 per cent) in the first quarter of 2023-24. Similarly, in the second fiscal quarter of 2024-25, Zoomcar achieved a record contribution profit of USD 1.21 million (54 per cent of revenue), up from a loss of USD 0.12 million (-5 per cent) in the same quarter the previous year.