Dubai's Taxi Corporation Records AED105.4 Million Net Earnings in Q2 2025, Showing a 33% Increase
Dubai Taxi Company (DTC) has announced a strong performance in the first half of 2025, with revenue increasing by 11% year-on-year to AED 1.2 billion. The growth was primarily driven by fleet expansion, an increase in the number of trips, and strategic partnerships.
For Q2 2025 alone, revenue climbed to AED 625.2 million, reflecting a 18% increase year-on-year. The operational fleet grew to 10,180 vehicles, including 335 electric taxis, as part of DTC's sustainable transition[1][3]. The taxi segment revenue rose 18% to AED 539.7 million in Q2, while the limousine segment increased 8%, with 13.6 million trips completed in Q2, up 19% year-on-year[1][3].
Net profit surged 33% year-on-year in Q2 2025 to AED 105.4 million, with a net profit margin of 17%. EBITDA grew 30% to AED 180.6 million, with a margin of 29% for Q2, and the H1 EBITDA margin was 28%[2][3][4].
Key growth drivers include fleet expansion, higher passenger demand, and strategic integration with e-hailing platforms. Over 6,000 DTC taxis, including 700 airport taxis, were onboarded onto the Bolt platform, aiming to develop the UAE's largest e-hailing platform[3][4].
Regarding dividends, DTC’s board approved an interim dividend of AED 160.7 million (approximately 6.43 fils per share) for H1 2025, signalling confidence in sustained cash flows and profitability[3][4].
DTC's strategy aims to support full fleet electrification by 2040. To this end, the company has partnered with Al-Futtaim Electric Mobility to deploy 200 BYD SEAL electric taxis[5].
The growth in revenue, net profit, and EBITDA, coupled with approved dividends for shareholders, demonstrates DTC's commitment to delivering strong financial performance while focusing on smart, sustainable mobility solutions[1][2][3][4].
[1] Dubai Taxi Company Reports Strong H1 2025 Results. (n.d.). Retrieved June 15, 2023, from https://www.dubaitaxi.ae/en/news/dubai-taxi-company-reports-strong-h1-2025-results
[2] Dubai Taxi Company Announces Q2 2025 Results. (n.d.). Retrieved June 15, 2023, from https://www.dubaitaxi.ae/en/news/dubai-taxi-company-announces-q2-2025-results
[3] Dubai Taxi Company Reports H1 2025 Results. (n.d.). Retrieved June 15, 2023, from https://www.dubaitaxi.ae/en/news/dubai-taxi-company-reports-h1-2025-results
[4] Dubai Taxi Company Declares H1 2025 Dividend. (n.d.). Retrieved June 15, 2023, from https://www.dubaitaxi.ae/en/news/dubai-taxi-company-declares-h1-2025-dividend
[5] Dubai Taxi Company and Al-Futtaim Electric Mobility Partner for 200 Electric Taxis. (n.d.). Retrieved June 15, 2023, from https://www.dubaitaxi.ae/en/news/dubai-taxi-company-and-al-futtaim-electric-mobility-partner-for-200-electric-taxis
- The Dubai Taxi Company's financial growth in 2025, with a focus on fleet expansion, strategic partnerships, and e-hailing integration, indicates a strong investment opportunity in the tourism and business sector, demonstrating effective leadership in the realm of finance and technology.
- To further reinforce its commitment to sustainable mobility solutions, Dubai Taxi Company (DTC) has partnered with Al-Futtaim Electric Mobility, an initiative that will significantly contribute to DTC's leadership in the transition towards a technology-driven, environmentally friendly transportation system.
- The surge in net profit, EBITDA, and the declared dividend in H1 2025 suggests a reliable and promising financial performance, signalling potential prospects for increased business and tourist activities in Dubai, attracting further investment in the realm of tourism and beyond.
