iPhone maker Apple India witnessed a 48 per cent jump in revenue on a year-on-year basis to ₹49,322 crore in the financial year ended March 2023, according to financial details provided by business intelligence firm Tofler.
Apple India had registered revenue of ₹33,381 crore in the financial year (FY) 2022.
The company’s profit increased by about 77 per cent to ₹2,230 crore in FY’2023, from ₹1,263 crore in FY’2022.
“The company’s total expenses for the fiscal were reported as ₹46,444 crore,” Tofler said.
The expenditure of the company in FY’2022 was about ₹31,693 crore.