.jpg)
Apple India Revenue Crosses Rs 1 Lakh Crore, Profit Up 66%
Apple India’s FY26 revenue rose 31% to Rs 1,03,853 crore and profit jumped 66% to Rs 5,311 crore, as premium phone demand soared. How it stacks up against Samsung.
Key Highlights
- Big milestone: Apple India’s revenue crossed Rs 1 lakh crore for the first time, rising 31% to Rs 1,03,853 crore in FY26.
- Profit surge: Net profit jumped 66% to Rs 5,311 crore from Rs 3,196 crore.
- iPhone growth: iPhone volumes rose 24% in FY26, up from 11% growth a year earlier.
- Slow market: India’s overall smartphone market grew only 2% in volume, but premium phones grew 12%.
- Closing in on Samsung: Samsung Electronics India’s FY26 revenue stood at Rs 1.12 lakh crore, though its business is much broader.
Apple has hit a major milestone in one of its fastest-growing markets. Apple India Private Limited’s revenue crossed Rs 1 lakh crore for the first time in the financial year ended March 2026, according to filings with the Registrar of Companies accessed through business intelligence platform AltInfo.
Revenue from operations rose 31 per cent year-on-year to Rs 1,03,853 crore, up from Rs 79,060 crore in FY25. That is a big jump from the 18 per cent growth the company recorded in the previous year.
Profit Grows Even Faster
Net profit rose even more sharply, climbing 66 per cent to Rs 5,311 crore from Rs 3,196 crore. In FY25, profit had grown 16 per cent. This means Apple India kept a bigger share of each rupee it earned, with its net profit margin improving to roughly 5.1 per cent from about 4 per cent.
