Apple India revenue rose more than 32% to Rs 1,04,607 crore in the financial year 2025-26, crossing the Rs 1 lakh crore mark. Figures shared by market intelligence firm Tofler also showed net profit increasing 66% to Rs 5,311 crore, outpacing revenue growth.
Key Takeaways
- FY26 revenue exceeded Rs 1 lakh crore, up from Rs 79,060.5 crore in FY25.
- Net profit grew faster than revenue, rising 66% from a year earlier.
- The figures cover Apple India Private Limited, not Apple's worldwide business.
Table of Contents
Apple India revenue crosses a new threshold
Revenue increased by Rs 25,546.5 crore from FY25, taking the annual total above Rs 1 trillion. The figures, shared by Tofler on October 23, 2026, describe completed fiscal-year performance rather than a sales forecast.
Apple India Private Limited provides and markets Apple-branded products and software. Apple's India retail sales policy identifies the company as the operator of its Indian online store, clarifying the legal entity behind that sales channel.
The disclosed revenue total does not include a breakdown by product or sales channel. It therefore does not establish how much of the increase came from iPhones, other hardware or software.
| Item | Details |
|---|---|
| FY26 net profit | Rs 5,311 crore |
| FY26 total expenses | Rs 96,224 crore |
| Calculated FY26 net profit margin | Approximately 5.1% |
Profit growth outpaces the revenue increase
The 66% increase in net profit was roughly twice the reported pace of revenue growth. Net profit represented approximately 5.1% of FY26 revenue, calculated from the disclosed totals.
Total expenses were Rs 96,224 crore. The available figures do not provide a year-earlier expense comparison or a detailed explanation of the stronger profit performance, limiting conclusions about its underlying drivers.
Conclusion
Apple India's FY26 results show both a larger revenue base and faster profit growth. A fuller expense and product breakdown would be needed to explain the improvement; no date for further disclosure was provided.
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