Reporting strong financial momentum, Apple India lifts revenue 18% and boosts profitability on rising device demand across the country.
Apple India posted a 16% rise in net profit to ₹31.96 billion in FY25, according to regulatory filings reviewed by market intelligence firm Tofler. The iPhone maker had reported a profit of ₹27.4571 billion in the previous fiscal year.
Revenue climbed eighteen percent to ₹793.78 billion from ₹671.2161 billion in FY24, driven largely by continued demand for the company’s devices across premium and entry premium price tiers. Revenue from operations rose 18.48 percent to ₹790.6051 billion during the period.
Tofler noted that Apple’s total expenses reached ₹751.91 billion, up nearly eighteen percent from the prior year. Operating expenses grew to ₹640.1091 billion, while employee benefit costs increased 19.5 percent to ₹31.0735 billion, reflecting the company’s ongoing expansion in retail presence, supply chain operations and local manufacturing partnerships.
Despite strong double digit growth, Apple’s FY25 sales in India increased at their slowest pace in six years as the market adjusted to a higher base and greater contribution from older, lower priced iPhone models. Analysts now expect revenue growth to moderate further to between ten and fifteen percent in FY26.
Apple has seen rapid expansion in India since 2020, with annual revenue rising between thirty and seventy percent in earlier years, supported by rising local production and a growing premium smartphone base. In the July to September quarter of 2025, the company became the country’s fourth largest smartphone brand with a 10.4 percent market share.
Industry data indicates sustained momentum in the premium and entry premium segments, even as overall smartphone market growth in India remains modest.
