Apple India's profit rises 16% to ₹3,196cr amid iPhone craze
What's the story
Apple India's profit for the financial year ending March 2025 has risen by an impressive 16% to ₹3,196 crore. The tech giant had posted a profit of ₹2,745.71 crore in the previous fiscal year. The company's total revenue also witnessed a strong growth of 18%, amounting to ₹79,378 crore as opposed to ₹67,121.61 crore in FY24.
Financial performance
Apple India's operational revenue and expenses
The operational revenue of Apple India surged by 18.48% to ₹79,060.51 crore in FY25, up from ₹66,727.73 crore in the last fiscal year. However, the company's expenses also increased by nearly 18% to ₹64,010.91 crore during this period as compared to ₹54,147.04 crore in FY24. The increase in employee benefits was also notable at 19.5%, amounting to ₹3,107.35 crore from ₹2,599.70 crore last year.
Demand for iPhones
India is now third-largest market for iPhones
Apple's iPhone sales in India are hitting new highs, fuelled by a wave of younger buyers increasingly attracted to the brand. The company broke into India's top five smartphone brands by volume in Q3 2025, with the country emerging as its third-largest iPhone market, according to Counterpoint. Stronger sales of MacBooks, iPads and AirPods, supported by a rapidly growing network of Apple Stores and premium resellers, are adding to the momentum.