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Zoomcar Holdings (ZCAR) Q1 FY27 earnings results (first quarter fiscal 2027)

10-Q filed Aug 14, 2026

Zoomcar Holdings (ZCAR) reported revenue of $2.4M for the first quarter fiscal 2027 (Q1 FY27), +2% from a year earlier and +7% from the quarter before. Operating margin was -37.4%, net loss $5.4M (228.4% of revenue).

Revenue$2.4M
Year over year+2%
Quarter over quarter+7%
Operating margin-37.4%
Net earnings−$5.4M

Zoomcar Holdings, Q1 FY27: revenue $2.4M (+2% year over year), operating margin -37.4%, net loss $5.4M, operating cash flow −$483K. The chart follows the revenue to costs, profit and cash.

Q1 FY27AmountQ/QY/Y
Revenue$2.4M+7%+2%
Operating profit−$879K——
Net earnings−$5.4M——
Operating cash flow−$483K—-638%

What changed

Revenue was $2.4M in Q1 FY27, up 2% year over year and up 7% from the previous quarter. Revenues from services was the largest line at 97% of revenue. Other revenues added $52K year over year (up 419%), 135% of the total change. Revenues from services declined 1%.

Operating costs exceeded revenue by $879K, an operating margin of -37.4%. Total costs fell 21% while revenue rose 2%. The quarter ended with a net loss of $5.4M, narrower than the previous quarter's $8.9M loss. Net interest and other expense of $4.5M was the main reason.

Operating cash flow was −$483K. Non-cash charges added back $21K of depreciation and amortization and $247K of share-based compensation. Working capital and other items added $4.6M.

Questions

What was Zoomcar Holdings' revenue in the first quarter fiscal 2027?

Zoomcar Holdings (ZCAR) reported revenue of $2.4M for the first quarter fiscal 2027 (Q1 FY27), +2% from a year earlier and +7% from the quarter before.

Was Zoomcar Holdings profitable in the first quarter fiscal 2027?

Operating loss was $879K (-37.4% of revenue) and net loss $5.4M.

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Source: Zoomcar Holdings 10-Q on SEC EDGAR.