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BJP is leading in 99, Shiv Sena 61, Cong 41, NCP 49 and Independents are ahead in 15 seats as per trends available so far.
The Sharad Pawar led party has fared better than its parent party, which seems to have held on to its tally in 2014 elections.
The Independents were ahead in 15 seats.
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Shiv Sena’s Aaditya Thackeray has established a comfortable lead in Worli assembly constituency where he is making his electoral debut.
The 29-year-old Thackeray scion is pitted against NCP’s Suresh Mane.
Former deputy chief Minister Ajit Pawar has established a comfortable lead over his BJP rival Gopichand Padalkar in Baramati.
Leader of Opposition in the Legislative Council Dhananjay Munde was leading over his rival and BJP minister Pankaja Munde by 9540 votes in Parli.
Counting of votes for all the 288 Assembly segments began at 8 am on Thursday at 269 locations in the state, an official said.
Exit polls have predicted a comfortable win for the ruling BJP-Shiv Sena alliance government in the state.
Around 25,000 personnel are deployed on counting duty, an election official said, adding police have also made adequate arrangements to ensure a smooth counting process.
The polling held on Monday saw a voter turnout of 61.13 per cent, a dip from the 63.20 per cent recorded in 2014, the official said.