Business · Companies · 1 hr ago
Apple Operations India reports ₹650 crore in software revenue in FY26
Apple Operations India recorded ₹650 crore in software revenue in FY26, its first year reporting income from software development.
The subsidiary, based in India, also handles manufacturing support, procurement and global support for Apple group companies.
It began commercial operations in FY25, when it reported no revenue from software development or project management.
Revenue from all its listed activities exceeded ₹1,400 crore in FY26, up from ₹318 crore the year before.
Its net profit also rose, reaching ₹103 crore compared with ₹28 crore in FY25.
About 97% of its business was for Apple’s global operations, showing that its role extends beyond serving Apple’s local manufacturing work.
The new software and project-management income points to a wider role for the Indian subsidiary, though no specific next step was announced.
Apple Operations India reported ₹650 crore in software revenue in FY26, its first year with revenue from software development.
The subsidiary’s total revenue from its reported activities exceeded ₹1,400 crore in FY26, up from ₹318 crore in FY25.
Revenue from manufacturing support nearly doubled to ₹520 crore from ₹282 crore.
The company’s net profit rose to ₹103 crore from ₹28 crore.
About 97% of its business was undertaken for Apple’s global operations, according to regulatory filings.
- Who
- Apple Operations India, a direct subsidiary of Apple Inc.
- What
- It reported ₹650 crore in software revenue in FY26. Its total revenue from reported activities exceeded ₹1,400 crore.
- When
- FY26. The company began commercial operations in FY25.
- Where
- India.
- Why
- Apple is expanding into technology research and development and global support operations beyond its local manufacturing footprint.
This story does not have two clearly opposing sides.
Apple Operations India began commercial operations and reported total revenue of ₹318 crore.
The company reported ₹650 crore in software revenue and total revenue exceeding ₹1,400 crore.
- Software revenue
- ₹650 crore in FY26
- Total revenue
- More than ₹1,400 crore in FY26, compared with ₹318 crore in FY25
- Manufacturing support revenue
- ₹520 crore in FY26, up from ₹282 crore
- Net profit
- ₹103 crore in FY26, compared with ₹28 crore in FY25
- Share of business for Apple global operations
- About 97%
What people are saying
These transactions suggest Apple may be positioning Apple Operations India as a major global engineering and support hub
Apple Operations India's revenue growth appears to reflect a broader restructuring of Apple's Indian operations, rather than just organic expansion and manufacturing