Apple India Private Limited’s total revenue rose 31.78% to ₹104,607.4 crore in FY26 and net profit gained 66.18%, while The Economic Times reported that filings gave no reason for the acceleration.
Tofler’s company profile lists the results for the year ended March 31, 2026. Tofler says its company data come directly from India’s Ministry of Corporate Affairs (MCA). Its figures put total revenue at ₹79,378.4 crore in FY25, making the latest-year increase a comparison of total revenue across both years.
Revenue from operations reached ₹103,853.4 crore, up 31.36% from ₹79,060.5 crore. The difference between that figure and total revenue reflects other income: ₹754 crore in FY26, compared with ₹317.9 crore a year earlier. The total-revenue measure is broader than the operations figure discussed in earlier coverage of Apple India’s FY26 revenue.
Net profit increased to ₹5,311.2 crore from ₹3,196 crore. Total expenses rose to ₹96,224 crore from ₹75,190.7 crore. Profit growth therefore outpaced both total-revenue and operations-revenue growth.
Market estimates offer context, but do not explain the company’s accounts. Counterpoint Research said India’s smartphone market grew 1% by volume and 8% by value in calendar 2025. Phones priced above ₹30,000 grew 11% in volume and accounted for 22% of shipments. Apple held 28% of the market by value, according to Counterpoint.
Counterpoint also said higher memory and component costs put greater pressure on brands focused on lower-priced phones, while a larger premium-phone mix helped companies absorb those costs. Its market analysis covers a different period and measure from Apple India’s fiscal-year accounts.
The Economic Times reported Oct. 20 that the filings it reviewed did not say what drove the revenue and profit gains. The newspaper also said Apple India had not responded to a request for comment by press time. Separately, Apple Inc. has scheduled its fiscal fourth-quarter earnings call for Nov. 2 at 5 p.m. ET.
