Ahead of Christmas and New Year revelry this year, Karnataka reported a sale of about ₹1,669 crore worth of IML and beer in the last week of December, an increase by 8.94 % over the corresponding period of 2024, while the excise revenue collection increased by 10.19 %.
This despite the volume of sale of IML declining by 3.17 % and beer showing a modest growth of 1.5 % when compared with the figures in the corresponding period. However, the overall growth rate in sales of IML and beer for the year continue to be in the red.
In contrast, the IML and beer sales had recorded 5.95 % and 6.61 % growth in the last week of December in 2024 compared to the corresponding period of 2023. Incidentally, the December 2023 sales of beer in the period had shown a steep decline of 7.43 % while the IML had reported a growth of 5.92 % over 2022.
Data shared by the government showed that 22.59 lakh carton boxes of IML and 15 lakh carton boxes of beer were sold across the State between December 23 and December 31. While the total sales volume (both IML and beer) in the period was ₹1,668.99 crore, an increase by 8.94 % over the corresponding period of 2024, excise revenue realised was ₹1,319.11 crore, an increase by 10.19 % over the corresponding period of last year.
