DTC records robust performance, earns Dhs588.3 million in revenue

Dubai Taxi Company (DTC) delivered a robust set of results in Q1 2025, with strong underlying performance across its core business lines. The company’s fundamentals remain strong supported by Dubai's population and tourism growth as well as urban expansion which continued to drive demand for mobility services.

- 

Revenue for the quarter increased 5 per cent year-on-year to Dhs588.3 million, and by 7 per cent like-for-like, driven predominantly by fleet expansion across segments and the strong performance of DTC’s taxi and delivery bike operations.

DTC's taxi segment revenue increased 7 per cent year-on-year to Dhs515.0 million, driven by increased trip numbers, as the Company increased its fleet to better serve its customers.

Since the beginning of the year, the Company has expanded its operational fleet by 250 fully electric vehicles, bringing the total to over 6,200 taxis as of March 2025. With more than 86 per cent of the fleet now consisting of hybrid or electric vehicles, this milestone underscores DTC's firm commitment to sustainability. This achievement is fully aligned with the Dubai 2040 Urban Master Plan and the Dubai Government's strategic objectives for the transportation sector, positioning DTC as a leader in driving environmentally responsible mobility across the emirate.