PickMe rides high in September on rising platform movements

Digital Mobility Solutions Lanka PLC or popularly known as PickMe added momentum to its operations and thereby its financial performance for the quarter ended in September 2025, as the country’s biggest ride-hailing service has been expanding operations while diversifying its services within its turf.

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The company reported revenues of Rs.2.10 billion for the July-September quarter, up 51 percent from the same period last year and 17 percent from the previous quarter, reflecting persistent growth in the company.

The company attributed this to the rising transaction volumes, made possible by the record number of monthly unique users and independent third-party drivers on the platform.

The company measured the total platform movements in the quarter to have risen by 53 percent from the same period last year.

Highlighting strong recent momentum, platform movements in the second quarter increased sequentially by 23 percent compared to the first quarter of FY25/26, the highest recorded quarterly growth post second quarter of FY23/24, the company said in an earnings release.