DTC delivers strong Q2 performance with net profit growth of 33 per cent

Dubai Taxi Company (DTC or the "Company"), a leading provider of comprehensive mobility solutions in Dubai, on Tuesday announced its financial results for the three months 'Q2 2025' or the "Quarter") and six months ended 30 June 2025 ("H1 2025" or the "Period").

- Staff Reporter, Gulf Today

DTC delivered strong financial performance during Q2 of 2025 with revenue growing 18 per cent year-on-year to Dhs625.2 million driven by fleet expansion and higher number of trips. For H1 2025, revenue increased by 11 per cent year-on-year to Dhs1.2 billion reflecting sustained momentum throughout the first half of the year.

DTC's taxi segment revenue in Q2 2025 increased by 18 per cent year-on-year to Dhs539.7 million, driven by fleet expansion while maintaining strong utilisation levels As of June 2025, the total operational taxi fleet reached 6,210 vehicles, including 335 fully electric vehicles as part of the Company's ongoing transition to a more sustainable offering.

The limousine segment saw revenue increase by 8 per cent year-on-year to 30.5 million in Q2 2025, supported by the expansion of its fleet. The Company's taxis and limousines segment completed 13.6 million trips during Q2 2025, up 19 per cent year-on-year.

As of June 2025, DTC's total operational fleet across all segments increased by 23 per cent to 10,180. DTC's bus segment revenue stood at Dhs31.3 million for Q2 2025, a 12 per cent decrease year-on-year, due to contractual changes that altered the revenue recognition cycle during the period. These changes do not have any impact on the overall annual contract values.