Dubai Taxi Company reported a 7 percent year-on-year rise in net profit to Dh356.1 million in 2025, up from Dh331.3 million in 2024.

The company’s board approved a final dividend of Dh142 million for the second half of 2025, bringing the total dividend for the year to Dh302.7 million, or 12.11 fils per share.

This represents a 7.5 percent increase compared to the previous year.

Revenue rose 13 percent in 2025 to Dh2.47 billion, supported by higher trip volumes and fleet expansion.

The company recorded 53 million taxi and limousine trips during the year, an 8 per cent increase.

As of December 2025, DTC’s operational taxi fleet reached 6,217 vehicles, including 525 fully electric taxis.

The taxi segment grew 11 percent year on year to Dh2.14 billion and maintained a 45 percent share of Dubai’s taxi market.

The limousine segment recorded 4 per cent growth to Dh128.9 million, while the bus segment also posted 4 percent growth to Dh224 million.

Trips through its partnership with Bolt increased 24 percent to 20.8 million, supporting e-hailing activity.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 12 percent to Dh652 million, driven by higher volumes and cost management.

Company officials said the results reflect the first year of its five-year strategy focused on fleet expansion, technology investment and smart mobility initiatives.

DTC is part of the Roads and Transport Authority.