Now Reading: Apple India profit surges 66% to ₹5,311 crore in FY26
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Apple India profit surges 66% to ₹5,311 crore in FY26
The Story in Brief
Apple India’s net profit surged 66% year-on-year to ₹5,311 crore in FY26, while operating revenue crossed ₹1 lakh crore for the first time, growing 31% to ₹1,03,853 crore. iPhone volumes rose 24% during the year, according to company filings accessed by business intelligence platform AltInfo and reported by Inc42 and Sarkaritel.com.
The growth came despite a modest 2% volume expansion in India’s broader smartphone market in FY26, with the premium segment, phones priced above ₹30,000, growing 12%. Apple India’s revenue narrowed the gap with Samsung Electronics India, which reported overall revenue of ₹1.12 lakh crore, though analysts said a direct comparison is complicated by Samsung’s wider product portfolio spanning TVs, appliances and telecom gear.
Indian Opinion Analysis
The two outlets report the same Apple India FY26 results, but their framing of the performance gap with Samsung differs sharply. Sarkaritel.com leads with Apple crossing the ₹1 lakh crore milestone, then immediately notes Samsung India reported higher overall revenue of ₹1.12 lakh crore, though it explicitly says the figures are not comparable because of Samsung’s wider business portfolio. Inc42.com omits any mention of Samsung’s ₹1.12 lakh crore figure entirely, instead focusing on Apple’s own record profit, revenue, and export numbers, and then shifts almost entirely to Flipkart food delivery and non-Apple stories. The upshot: inc42.com gives an unalloyed Apple growth narrative, while Sarkaritel.com supplies the competitive benchmark that tempers it. A reader combining both sees that Apple India’s performance is indeed strong, but its revenue still trails Samsung India’s total, a gap the company would need to close in the premium segment alone.
Coverage: 2 sources, 2 neutral
Sources (2): inc42.com (neutral report), sarkaritel.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.
