State excise revenues surge up to 82% as liquor consumption climbs 14%

UP led with ₹10,600 cr in April-May FY27 while Haryana posted the fastest growth at 82%. Gains driven by rate hikes, base-price revisions and a 14% jump in consumption — signaling robust demand across India's liquor retail category. UP collected ₹52,575 cr in excise in FY25, ~13.5% of its own tax revenue.

— Filed Sun, 28 Jun, 2026, 16:55 IST · Source BL · Consumer & Economy · Updated

State excise revenues from alcohol jumped up to 82% in April-May FY27, with UP topping at ₹10,600 cr and Haryana growing fastest, driven by 14% consumption growth, rate hikes, and base-price revisions — relevant to liquor retail category.

Why this matters

Rising state excise revenues and a 14% consumption jump signal robust demand in India's liquor retail category, with rate hikes and base-price revisions amplifying collections led by UP and Haryana.

retail-company: steady with 3,949 signals over the trailing 90 days.

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