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Apple India’s revenue crosses Rs 1 lakh Cr in FY26; profit jumps 66% to Rs 5,311 Cr

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Apple India’s revenue crosses Rs 1 lakh Cr in FY26; profit jumps 66% to Rs 5,311 Cr

Apple’s growing popularity in India, fuelled by rising demand for iPhones and other premium devices, helped the company cross the Rs 1 lakh crore revenue mark for the first time in FY26. Its net profit also surged 66% year-on-year to Rs 5,311 crore during the fiscal year.

Apple India’s revenue from operations grew 31.4% year-on-year to Rs 1,03,853 crore from Rs 79,061 crore in FY25, according to its financial statements filed with the Registrar of Companies (RoC).

Apple India primarily generates revenue through the sale of premium consumer electronics, including iPhones, MacBooks, iPads, Apple Watches, AirPods and accessories. The company sells these products through its online and offline retail channels, alongside authorised resellers.

Product sales remained the key growth driver, with revenue from this segment rising 32.7% to Rs 99,068 crore in FY26 from Rs 74,681 crore in FY25. The segment accounted for 95.4% of total operating revenue.

Apple India also earns revenue from technical support services and maintenance contracts, including offerings such as AppleCare, which provides eligible customers with technical assistance, hardware repairs and extended service coverage.

Revenue from technical and other support services stood at Rs 4,293 crore. Income from maintenance contracts increased 26.5% to Rs 492 crore.

The iPhone maker also earned Rs 754 crore in non-operating income, primarily from interest and other sources, which lifted its total income to Rs 1,04,606 crore in FY26.

6% to Rs 78,229 crore from Rs 64,336 crore in FY25. 3% of the total and primarily reflects the cost associated with the products sold by the company.


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