Zoomcar Expects ~70% Reduction in Net Loss for FY26, Signals Profitability Inflection

Adjusted EBITDA losses reduce ~54% YoY; company delivers strong operating leverage with stable revenue base BENGALURU, India, April 16, 2026 /PRNewswire/ -- Zoomcar Holdings, Inc. (OTCQB: ZCAR), India's largest peer-to-peer car-sharing marketplace, today announced preliminary, unaudited financials for the fiscal year ended March 31, 2026, signaling a significant step-change in profitability. The company expects its net loss to decline by approximately 70% year-over-year, alongside an estimated 54% reduction in Adjusted EBITDA losses, reflecting strong operating leverage across the business, while maintaining a stable topline.