Big milestone: Apple India revenue tops Rs 1 lakh crore; profit jumps 66%
Apple India Pvt Ltd reported revenue from operations of Rs 1,03,853 crore for the year ended March 2026, which is a 31% increase from Rs 79,060 crore in FY25. The increase in profitability outpaced revenue growth. Apple's India net profit climbed 66% to Rs 5,311 crore in FY26, compared with Rs 3,196 crore a year earlier. In FY25, profit had grown by 16%.
Apple India reached a significant milestone in FY2026, with its revenue surpassing the Rs 1 lakh crore mark, marking a 31% increase from the previous year. The company's net profit also jumped 66%, reaching Rs 5,311 crore, compared to Rs 3,196 crore in the previous year. This strong growth came despite a slowdown in the broader market, demonstrating the continued demand for Apple's products, particularly its iPhones.
Samsung, Apple's main competitor in India, saw a decline in mobile phone revenue, with a 1.4% drop to Rs 81,472 crore in FY26. Apple's growth in India is attributed to the growing popularity of premium smartphones, a wider distribution across lower-tier markets, and the company's strong brand appeal. The company's success is particularly notable as competition between Apple and Samsung heats up in the Indian market.
Written by urgent.news from Times of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Apple India Crosses ₹1 Lakh Crore Revenue Mark For First Time freepressjournal.in
