{
  "id": 15720180,
  "title": "Big milestone: Apple India revenue tops Rs 1 lakh crore; profit jumps 66%",
  "url": "https://urgent.news/2026/10/20/big-milestone-apple-india-revenue-tops-rs-1-lakh-crore-profit-jumps-66",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T07:42:12.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/apple-india-crosses-rs-1-lakh-crore-revenue-in-fy26-as-growth-accelerates-31-and-profit-jumps-66-to-rs-5311-crore-iphone-volumes-rise-24/articleshow/135063134.cms"
  },
  "original_language": "en",
  "account": "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.\n\nSamsung, 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.",
  "summary": "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%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Apple India Crosses ₹1 Lakh Crore Revenue Mark For First Time",
        "url": "https://urgent.news/2026/10/20/apple-india-crosses-1-lakh-crore-revenue-mark-for-first-time",
        "published": "2026-10-20T08:28:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}