Zoomcar Achieves Record Contribution Profit in December 2024, Covering India Operational Costs

Zoomcar, India's leading car-sharing marketplace, reported its highest-ever unaudited and unreviewed contribution profit in December 2024, successfully covering operational costs for its India business. This achievement reflects a 43% year-on-year growth in bookings for November, driven by increased demand during the wedding season. The company's strategic initiatives, including a revamped website and the launch of 'Zoomcar Cabs,' have enhanced user experience and diversified service offerings, contributing to this financial milestone.

Source: Zoomcar Investor Relations