{"id":2014,"date":"2024-03-21T11:52:41","date_gmt":"2024-03-21T11:52:41","guid":{"rendered":"https:\/\/investor-relations.zoomcar.com\/?p=2014"},"modified":"2024-03-22T05:24:57","modified_gmt":"2024-03-22T05:24:57","slug":"q3-2023-quarterly-report","status":"publish","type":"post","link":"https:\/\/investor-relations.zoomcar.com\/in\/q3-2023-quarterly-report\/","title":{"rendered":"Q3 2023 quarterly report"},"content":{"rendered":"<p align=\"justify\">BANGALORE, India, Feb. 14, 2024 (GLOBE NEWSWIRE) &#8212;\u00a0<a title=\"\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=SCsmZhAwLhdsU3hcXIGHDxfLxsVTn9ggd0Or7Hs6ha7CtpJbDQwh2onjBQ-ZP9suPhBUGGgYSMiHJI3A9hiL-2r42xxT1GmoHYHYcKeDsHo=\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Zoomcar Holdings, Inc.<\/strong><\/a><strong>\u00a0(Nasdaq: ZCAR<\/strong>)<strong>\u00a0(\u201cZoomcar,\u201d the \u201cCompany,\u201d \u201cwe,\u201d or \u201cour\u201d)<\/strong>, the leading marketplace for car sharing in emerging markets, today reported select financial results for the third fiscal quarter ended December 31, 2023.<\/p>\n<p align=\"justify\"><strong>Management Commentary<\/strong><\/p>\n<p align=\"justify\">\u201cOur third fiscal quarter results capped a strong performance in our ongoing efficiency efforts as we achieved record gross profit and non-GAAP contribution profit while also paving the way for meaningful revenue growth over the next several quarters,\u201d said Greg Moran, CEO and Co-Founder of Zoomcar. \u201cThe period also marked an important milestone with our public listing on Nasdaq following our successful business combination. As we look ahead to 2024, we expect a meaningful return to growth with materially improved profitability as we now have the right infrastructure in place to scale our operations efficiently.\u201d<\/p>\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/02\/14\/2829536\/0\/en\/Zoomcar-Reports-Fiscal-Third-Quarter-2023-Results.html\">Read More<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BANGALORE, India, Feb. 14, 2024 (GLOBE NEWSWIRE) &#8212;\u00a0Zoomcar Holdings, Inc.\u00a0(Nasdaq: ZCAR)\u00a0(\u201cZoomcar,\u201d the \u201cCompany,\u201d \u201cwe,\u201d or \u201cour\u201d), the leading marketplace for car sharing in emerging markets, today reported select financial results for the third fiscal quarter ended December 31, 2023. Management &hellip; <a href=\"https:\/\/investor-relations.zoomcar.com\/in\/q3-2023-quarterly-report\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-blog.php","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[586],"tags":[],"language_code":[],"class_list":["post-2014","post","type-post","status-publish","format-standard","hentry","category-investor-relations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Q3 2023 quarterly report - Investor Relations::Zoomcar<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investor-relations.zoomcar.com\/in\/q3-2023-quarterly-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q3 2023 quarterly report - Investor Relations::Zoomcar\" \/>\n<meta property=\"og:description\" content=\"BANGALORE, India, Feb. 14, 2024 (GLOBE NEWSWIRE) &#8212;\u00a0Zoomcar Holdings, Inc.\u00a0(Nasdaq: ZCAR)\u00a0(\u201cZoomcar,\u201d the \u201cCompany,\u201d \u201cwe,\u201d or \u201cour\u201d), the leading marketplace for car sharing in emerging markets, today reported select financial results for the third fiscal quarter ended December 31, 2023. 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