BusinessPhoto: DNA IndiaOld Monk Ban Causes Rs 500 Crore Loss, Rs 350 Crore Excise Revenue Drop...
Mohan Rocky Springwater, the manufacturer of Old Monk, informed the Bombay High Court that sales restrictions on its Maharashtra unit have led to losses exceeding Rs 500 crore. The company also stated that the Maharashtra government has suffered a reduction of approximately Rs 350 crore in excise revenue due to the ban on Old Monk sales.
DNA India··Mumbai


