Apple India reported a strong financial performance in FY25, posting a 16 per cent rise in net profit to Rs 3,196 crore for the year ended March 2025, according to the company’s regulatory filing accessed by market intelligence platform Tofler. The company had recorded a profit of Rs 2,745.71 crore in the previous financial year.
Total revenue increased 18 per cent to Rs 79,378 crore in FY25, compared with Rs 67,121.61 crore in FY24. Revenue from operations grew 18.48 per cent to Rs 79,060.51 crore, underscoring sustained consumer demand for Apple devices and services in India.
Tofler said Apple India reported its revenues for 2024-25 at Rs 79,378 crore, an 18 per cent jump over the previous year, while total expenses for the fiscal were Rs 75,191 crore. The company’s operational expenses alone rose nearly 18 per cent to Rs 64,010.91 crore, from Rs 54,147.04 crore in FY24.
Employee benefit expenditure also rose sharply, increasing 19.5 per cent year-on-year to Rs 3,107.35 crore, compared with Rs 2,599.70 crore earlier. The rise reflects Apple’s stepped-up investment in its workforce as it expands retail, backend, and supply chain operations in the country.
Apple’s strong FY25 performance comes amid its ongoing push to deepen its presence in India, supported by growing local demand, retail expansion, and a larger manufacturing ecosystem. |