Dubai Taxi Corporation DTC has announced an interim dividend of Dh160.7 million after a strong start to 2025. The company reported Dh1.2 billion in revenue for the first half of the year, showing solid growth across its key services.
In the first quarter alone, Dubai Taxi Co pulled in Dh588.3 million, up 5% compared to the same period last year. It completed 13 million trips, reflecting a steady demand for its services. Net profit dropped slightly to Dh84 million, mainly due to launch offers tied to its new Bolt ride-hailing service.
The company’s fleet has continued to grow, reaching nearly 9,900 vehicles in the first quarter of the year.. A big part of that growth came from its expanding electric vehicle lineup. Other segments, like limousine and delivery bike services, also added to the company’s momentum.
Last year, Dubai Taxi Corporation DTC recorded full-year revenues of Dh2.19 billion. It distributed a total of Dh281.6 million in dividends — including Dh159.3 million mid-year and another Dh122.3 million approved in early 2025. The new payout shows the company’s continued focus on rewarding its shareholders, sticking to its promise of sharing at least 85% of its profits.
Looking ahead, Dubai Taxi Co is moving ahead with its five-year plan, set to run through 2029. The plan focuses on smart growth, cleaner mobility solutions, and broader service offerings from ride-hailing to delivery and public transport.
With strong financials and a clear expansion roadmap, Dubai Taxi Corporation DTC is well-positioned to continue scaling its operations and delivering value to both riders and investors.
