Apple's India revenue grew by over 20% in FY26 to near Rs 1 lakh crore, with iPhone shipments growing 24% year-on-year, according to industry sources.

Apple India had posted consolidated revenue of around Rs 79,000 crore in the financial year 2025.

"Apple's revenue in India has crossed $10 billion due to record shipments of iPhone in FY26.

In Indian rupee terms, it was somewhere close to the Rs 1 lakh crore revenue mark," said a source aware of the development.

Apple has been posting record performance in India over the last several quarters.