Apple India had posted a net profit of Rs 2,229.6 crore in FY23.The company posted a 36 per cent rise in total income to Rs 67,121.6 crore in FY24 from Rs 49,321.8 crore in FY23."Apple India Private Limited (which) provides and markets Apple brand products and software, including mobile devices and laptops, reported its revenues for the financial year 202324 as Rs 67,122 crore, a 36 per cent jump since the last financial year," Tofler said.The company further reported a net profit of Rs 2,746 crore during the same fiscal."This is a 23 per cent increase from the last financial year. The company's total expenses for the fiscal were reported as Rs 63,397 crore," it added.According to Counterpoint Research, Apple was ranked second after Samsung with 21.6 per cent in terms of value market in the September 2024 quarter.Apple India declared and distributed an interim dividend of Rs 9.43 lakh per share on 35,002 fully paid-up equity shares amounting to Rs 3,302 crore, Tofler said.A net profit Apple's margin declined to 4.09 per cent in FY24 from 4.52 per cent in FY23.

Apple India net profit up 23% to Rs 2,746 cr in FY24

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.