Dubai: Dubai Taxi Company reported lower first-quarter revenue and profit after regional uncertainty in March reduced trip volumes across its taxi and limousine businesses, interrupting a strong start to the year driven by fleet expansion and steady mobility demand.

The company said revenue fell 6% year on year to Dh551.1 million in the three months to March 31, 2026, while EBITDA declined 22% to Dh120.7 million. Net profit dropped 39% to Dh50.7 million, with the margin falling to 9% from 14% a year earlier.

The March drag followed a stronger January and February, when revenue rose 10% year on year, EBITDA increased 17% and net profit grew 25%.…