By Staff Reporter
Dubai Taxi Company Reports AED105.4 million Net Profit in Q2 2025, Up 33%
Dubai Taxi Company (DTC) recorded a net profit of AED105.4 million in Q2 2025, a 33% year-on-year increase, fueled by rising demand and strategic fleet expansion. Quarterly revenue climbed 18% to AED625.2 million, bringing H1 revenue to AED1.2 billion, up 11% from the previous year.
EBITDA reached AED180.6 million, with a margin of 29%.
Key growth drivers included a 19% rise in completed trips (13.6 million total) and a fleet expansion to 10,180 vehicles, including 335 electric taxis. The delivery bike segment surged 102%, while limousine revenue rose 8%. Bus revenue declined due to contractual shifts.
DTC announced a H1 dividend of AED160.7 million (6.43 fils per share), in line with its policy to distribute at least 85% of annual net profit. Strategic highlights include the integration of over 6,000 taxis on the Bolt platform and a partnership with Al-Futtaim Electric Mobility to deploy 200 BYD SEAL electric taxis, supporting full fleet electrification by 2040.
Leadership reaffirmed DTC’s growth outlook, citing infrastructure investment, tourism momentum, and a focus on smart, sustainable mobility solutions.
News Source: Emirates News Agency
