Apple India’s business surpasses the ₹1 lakh crore annual revenue milestone for the first time, with revenue from operations reaching ₹1,03,853 crore in FY2026. Multiple outlets also report that Apple India’s net profit rises 66% year-on-year to ₹5,311 crore, outpacing revenue growth.
The reports place the performance in the context of a slower overall smartphone market in India and attribute Apple’s results primarily to stronger demand in the premium segment. Some coverage highlights Apple’s premium-focused strategy, including greater retail presence and financing and trade-in options, as factors supporting the growth. Coverage also contrasts Apple’s smartphone position with Samsung’s local mobile performance, which is reported as declining during the same period.
A key nuance is that the reported Apple India financials are based on company filings and may not capture the full scale of iPhone manufacturing and exports, since some export and sales activity is handled through other Apple group entities overseas rather than through Apple India’s accounts. Outlets largely agree on the headline numbers (revenue, profit, and growth rates), while differing in the amount of context they provide around drivers and comparatives.
