CatalystIndia
Apple India revenue rose 31% to ₹1,03,853 crore in FY26 and profit jumped 66%, while Samsung's local mobile revenue fell 1.4%. Premium mix, wider tier-2 reach and financing are pulling in buyers despi
Apple India FY26 revenue crossing Rs 1 lakh crore with soaring profit signals strong growth.
Context
What happened: Apple India Pvt Ltd reported revenue from operations of ₹1,03,853 crore for the year ended March 2026, and net profit of ₹5,311 crore, per Registrar of Companies filings accessed through AltInfo.
Key numbers: Revenue up 31% on-year from ₹79,060 crore in FY25. Net profit up 66% from ₹3,196 crore.
Why it matters: Apple's India growth outpaced its prior fiscal's 18% revenue rise, and a Counterpoint researcher said the narrowing price gap between Android flagships and iPhones is working in Apple's favour given its brand pull and ecosystem appeal.
What changed
Apple India Pvt Ltd reported revenue from operations of ₹1,03,853 crore for the year ended March 2026, and net profit of ₹5,311 crore, per Registrar of Companies filings accessed through AltInfo.
Why it matters
Apple's India growth outpaced its prior fiscal's 18% revenue rise, and a Counterpoint researcher said the narrowing price gap between Android flagships and iPhones is working in Apple's favour given its brand pull and ecosystem appeal.