Apple India FY26 revenue to hit Rs 1.4 lakh crore, more than double HUL's topline

Apple India is projected to clock Rs 1.4 lakh crore in FY26, a 6.2x jump from FY21's Rs 22,845 crore and over 2x HUL's Rs 64,468 crore. iPhone shipments hit 14 million in 2025, with 9% smartphone share in Q1 FY26 and iPhone 17 the top seller — India is now Apple's fourth-largest market.

— Filed Tue, 26 May, 2026, 05:29 IST · Source Times of India · Business · Updated

Apple India's FY26 revenue projected at Rs 1.4 lakh crore, more than double HUL's, signaling premiumisation shift in Indian consumption. Apple captured 9% smartphone share with iPhone 17 becoming top-selling model, making India its fourth-largest market.

Why this matters

Apple India's revenue surge follows expanding India-focused initiatives, including the recent 'Great Ideas Start Here' Mac campaign targeting student entrepreneurs, signalling deeper market commitment beyond iPhone hardware.

Retail-brand theme steady with 592 signals over 90 days.