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Maharashtra's liquor revenue surges 18% to ₹48,000 crore in FY 2025-26

A 50% tax hike on premium liquor and stricter border controls reshaped Maharashtra's market. Now, the state eyes ₹57,000 crore in excise earnings next year.

The image shows a poster with a map of India in the center, surrounded by text that reads "A Great...
The image shows a poster with a map of India in the center, surrounded by text that reads "A Great Industry Where Our Tea Comes From". The map is filled with various shades of green, blue, and yellow, representing the different regions of India. The text is written in a bold, black font, emphasizing the importance of the message.

Maharashtra's liquor revenue surges 18% to ₹48,000 crore in FY 2025-26

Maharashtra’s excise department has reported an 18% jump in revenue for the financial year 2025-26. The total collection reached Rs 48,000 crore, marking a rise of nearly Rs 5,000 crore from the previous year. Higher excise duties and stricter controls on smuggling played key roles in this growth. The state government increased excise duties on various liquor categories, including a sharp 50% hike on Indian-made foreign liquor (IMFL) in June 2024. These changes directly impacted sales, with beer experiencing a 20% surge and country liquor growing by around 6%.

Production also climbed, rising from 1.14 crore litres to 1.20 crore litres. A crackdown on inter-state smuggling, particularly from Daman, Diu, and Goa, further reduced illegal imports and pushed consumers toward legal purchases. Looking ahead, the government has set an ambitious target of Rs 57,000 crore in excise collections for FY 2025-26, up from Rs 43,620 crore in the previous fiscal year.

The revenue boost comes from a mix of higher duties, increased production, and stricter anti-smuggling measures. With projections for next year already set, Maharashtra expects further growth in its liquor-related income. The state’s focus on regulation and enforcement appears to be paying off.

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