Delhi Excise Revenue Rises 17% in June Quarter; Wider Liquor Brand Availability Drives Growth

Written by: Team Angel OneUpdated on: 26 Jun 2026, 5:39 pm IST
Delhi's excise revenue rose 17% to around ₹1,038 crore in the June quarter, while the FY2026-27 collection target has been set at ₹7,200 crore.
Delhi Excise Revenue Rises 17%
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The Delhi government has set an excise revenue target of ₹7,200 crore for FY2026-27, following collections of around ₹7,148 crore in FY2025-26. 

During the current June quarter, the Excise Department collected around ₹1,038 crore, compared with ₹885 crore in the corresponding period last year, registering a 17% increase. 

Retail Framework In Delhi 

Delhi continues to operate under the pre-2021 excise framework, which came into effect in September 2022 after the withdrawal of the 2021-22 excise policy. Since then, the earlier framework has been extended periodically. 

Retail liquor sales are managed by the Delhi Tourism and Transportation Development Corporation (DTTDC), Delhi State Civil Supplies Corporation (DSCSC) and Delhi State Industrial and Infrastructure Development Corporation (DSIIDC). 

The capital currently has more than 700 liquor vends and over 900 hotels, clubs and restaurants licensed to serve alcohol. 

Brand Registrations and Consumer Trends 

Officials attributed the increase in revenue primarily to the greater availability of liquor brands across retail outlets. 

They also stated that uncertainty surrounding policy implementation last year had slowed the registration of new brands. With the situation now stabilised, authorities have expanded the variety of brands available in the retail market. 

According to officials, the broader product availability has also reduced the outflow of consumers to Noida and Gurugram, where wider brand choices and competitive pricing had previously attracted buyers. 

Revenue Outlook 

Officials said the increase in registered liquor brands is expected to provide consumers with greater choice and enable Delhi to regain market share lost in recent years. 

Read More: Delhi Traffic Police and NBBL Bharat Connect Partners for E-Challan Payments! 

Conclusion 

Delhi’s excise department continues to expand brand availability across the retail market under the existing policy framework while targeting higher revenue collections in FY2026-27. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 26, 2026, 12:09 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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