Provided below is the list of Indian films released on 1988.
The list of highest-grossing Indian films released in 1988, by worldwide box office gross revenue, are as follows:
| * | Denotes films still running in cinemas worldwide |
| Rank | Title | Director | Language | Worldwide gross | Ref |
|---|---|---|---|---|---|
| 1 | Tezaab | N. Chandra | Hindi | ₹16 crore (US$1.9 million) | [1] |
| 2 | Shahenshah | Tinnu Anand | Hindi | ₹12 crore (US$1.4 million) | [1] |
| 3 | Paap Ki Duniya | Shibu Mitra | Hindi | ₹9.50 crore (US$1.1 million) | [1] |
| 4 | Sathyaa | Suresh Krissna | Tamil | ₹8 crore (US$950,000) | [2] |
| 5 | Khoon Bhari Maang | Rakesh Roshan | Hindi | ₹6 crore (US$710,000) | [3] |
| 6 | Qayamat Se Qayamat Tak | Mansoor Khan | Hindi | ₹5 crore (US$590,000) | [4] [5] |
| 7 | Yamudiki Mogudu | Ravi Raja Pinisetty | Telugu | [6] | |
| 8 | Dayavan | Feroz Khan | Hindi | ₹4.80 crore (US$570,000) | [7] |
| 9 | Yateem | J. P. Dutta | Hindi | ₹3.10 crore (US$370,000) | [8] |
| 10 | Ashi Hi Banwa Banwi | Sachin Pilgaonkar | Marathi | ₹3 crore (US$350,000) | [9] [10] |