Dubai Taxi Company PJSC Reports 28% YoY Net Profit Growth in Q3 2025 Amid Strategic Partnerships
Dubai Taxi Company PJSC (DTC) has released its financial results for Q3 2025, showcasing significant growth in net profit and revenue, driven by strategic expansions and partnerships.
Summary
DTC reported a 28% year-on-year increase in net profit for Q3 2025, driven by a 15% rise in revenue. The company continues to expand its fleet and forge strategic partnerships, enhancing its market position in Dubai's mobility sector.
Dubai Taxi Company PJSC Q3 2025 Financial Analysis
Dubai Taxi Company PJSC (DTC) has demonstrated robust financial performance in the third quarter of 2025, with a notable 28% year-on-year increase in net profit, reaching AED 76.4 million. The company's revenue for the quarter rose by 15% year-on-year to AED 585.3 million, driven by strategic fleet expansion and an increase in the number of trips completed.
Key Performance Indicators (KPIs)
| KPI | Q3 2025 | Q3 2024 | Change (%) |
|---|---|---|---|
| Revenue (AED million) | 585.3 | 508.1 | 15% |
| EBITDA (AED million) | 151.4 | 123.1 | 23% |
| Net Profit (AED million) | 76.4 | 59.7 | 28% |
| Earnings per Share (EPS) | 0.30 | 0.24 | 25% |
| Debt Ratio | 0.35 | 0.37 | -5.4% |
| Interest Coverage Ratio | 6.2 | 5.8 | 6.9% |
Analysis of KPI Changes
| KPI | Change Analysis |
|---|---|
| Revenue | Increased due to strategic fleet expansion and higher trip volumes. |
| EBITDA | Improved margins due to operational efficiencies and cost optimizations. |
| Net Profit | Boosted by revenue growth and effective cost management. |
| Earnings per Share | Increased in line with net profit growth. |
| Debt Ratio | Improved due to increased equity and reduced debt levels. |
| Interest Coverage Ratio | Enhanced due to higher earnings and stable interest expenses. |
Conclusion
DTC's Q3 2025 performance highlights its strategic focus on fleet expansion and partnerships, such as with Kabi, which are driving revenue and profit growth. The company's improved financial metrics, including a higher interest coverage ratio and lower debt ratio, indicate a strong financial position. For investors, DTC presents a compelling case for continued growth, supported by its strategic initiatives and market position in Dubai's dynamic mobility sector.
Source
Summary
The document is a review report and condensed interim consolidated financial information for Dubai Taxi Company P.J.S.C. It covers the financial performance and position of the company for the nine-month period ending on September 30, 2025.
