Business
04 Aug, 2026
Apple India FY26 revenue grows 20 pc to near Rs 1 lakh cr mark, supplies rise 24 pc
Business To Business, New Delhi, 04 August, 2026: Apple recorded more than 20% growth in its India revenue during FY26, with total revenue reaching close to Rs 1 lakh crore, driven by strong demand for iPhones, according to industry sources.
The company had reported consolidated revenue of around Rs 79,000 crore in FY25.
According to a source familiar with the development:
- Apple's India revenue crossed USD 10 billion in FY26.
- In rupee terms, revenue was close to the Rs 1 lakh crore mark.
- The growth was supported by record iPhone shipments, which rose 24% year-on-year during the financial year.
The performance reflects Apple's continued expansion in the Indian market, aided by rising demand for premium smartphones, a broader retail presence, and increased local manufacturing and assembly under the company's India strategy.