'Kaantha' Fails to Gain Momentum, Recovers Just 23% of 40 Crore Budget

Dulquer Salmaan's latest release, the period thriller 'Kaantha', has failed to gain significant momentum at the Indian box office since its debut last week. According to the latest reports, the film earned an estimated 4.85 crores on its second day, representing a jump of just 11.49% from the opening day's collection of 4.35 crores.

Overall, 'Kaantha' has managed to earn a net total of 9.2 crores at the Indian box office in its first 3 days, which translates to a gross collection of 10.85 crores after adjusting for GST. However, this figure falls well short of the film's reported 40 crore budget, with the recovery standing at just 23% so far.

Industry analysts suggest that 'Kaantha' needs to earn at least 40 crore net in India to avoid being considered a failure. To become a clean hit, the film would need to score 80 crore net, which would take its box office returns to 100%. But with the film's lackluster performance in the opening weekend, achieving these targets appears to be an uphill battle.

The mixed reviews from both critics and audiences have been a significant factor in 'Kaantha's' underwhelming performance. The Tamil version of the film had an average occupancy of just 27%, while the Telugu version fared even worse at 18% occupancy. This has resulted in the film's inability to reach its full potential in the initial days of its release.

As the film enters its second week, the producers and distributors will be closely monitoring its performance on the weekdays to determine its long-term prospects. However, with the competition from other releases, 'Kaantha' faces an uphill task to recover its hefty production costs and avoid being labeled a box office failure.