Apple India Profit Surges 66% as Revenue Crosses 1 Trillion Rupee Milestone

Key Facts

1Apple India's revenue rose 31% year-on-year to Rs 1.03853 trillion in FY26.

2Net profit for Apple India surged 66% to Rs 53.11 billion, driven by strong iPhone sales and premium demand.

Apple India's net profit surged 66% to Rs 53.11 billion in the 2026 fiscal year. IndiaWest reported that the company's revenue rose 31% year-on-year to Rs 1.038 trillion, fueled by robust iPhone sales and an increasing consumer shift toward premium smartphones.

AAPL was trading at $345.74 on October 22, 2026, reaching a session high of $347.28. Among industry peers, MSFT closed at $532.95 and GOOGL closed at $334.76 on October 21, 2026.

Market participants are looking ahead to the release of India's Manufacturing PMI on October 23, 2026, which may provide further insight into economic activity in this key growth market.