Zoomcar Q1 FY27 contribution profit rises 45% to $1.65 million; net revenue climbs 2% to $2.35 million
ZCAR•Zoomcar reports higher contribution profit and narrower losses
Zoomcar posted fiscal Q1 results with net revenue up 2% to USD 2.35 million; contribution profit climbed 45% to USD 1.65 million.
Contribution margin widened 21 percentage points to 70%; contribution profit per booking rose 72% to USD 18.75.
Adjusted EBITDA loss narrowed 65% to USD 0.61 million; operating loss improved 50% to USD 0.88 million.
Bookings decline as trip mix shifts longer; two-wheeler pilot launches in Bengaluru
Bookings fell 16% to 88,160; gross booking value slipped 10% to USD 5.83 million as the mix shifted to longer trips.
The two-wheeler pilot went live in-app in Bengaluru. CEO Deepankar Tiwari said five million trips helped lift unit economics.
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