Apple India Pvt Ltd, the India subsidiary of Apple, the iPhone maker in Cupertino, California, grew revenue 31% and profit 66% in the recent fiscal year, according to company filings reported by The Economic Times.
Revenue from operations reached $10.9 billion at current exchange rates, up from $8.3 billion a year earlier. Net profit rose to $559 million from $336 million. Growth in the fiscal year ending March 2025 was 18% for revenue and 16% for profit, so both measures sped up.
Profit grew faster than sales. Inc42 reported that Apple India’s net profit margin improved to 5% from 4%, while license fees more than doubled to $1.1 billion from $448 million.
