Box Office Update: No Problem, Band Baaja Baaraat, Narnia

MUMBAI: Eros International Media’s No Problem, which stars Anil Kapoor, Sanjay Dutt, Akshaye Khanna, Sushmita Sen, Kangna Ranaut and Neetu Chandra, has done net business of approximately Rs 150 million (Rs 15 crore) in its opening weekend at the box office. The break-up of the movie’s collections over the weekend is as follows:   

Friday – Rs 42.5 million (Rs 4.25 crore)
Saturday – Rs 47.5 million (Rs 4.75 crore)
Sunday – Rs 60 million (Rs 6 crore)
Weekend Total – Rs 150 million (Rs 15 crore)

No Problem grossed approximately Rs 45 million (Rs 4.5 crore) in the overseas markets in its opening weekend.

On Monday, the movie’s collections saw a drop with net collections of approximately Rs 21.5 million (Rs 2.15 crore). No Problem’s four days net collections stand at Rs 171.5 million (Rs 17.15 crore).

Eros International Media senior vice president – distribution Nandu Ahuja said, "No Problem opened reasonably well on Friday and picked up over the weekend. Despite the cold wave in North India, the film picked up well over the weekend. We are anticipating a steady run for the film over the week."

Eros International Media CFO Kamal Jain further added, "Investing in No Problem has been a profitable venture for us. As a studio, we have a unique model that includes co-production with leading producers which enables us to optimize costs while obtaining creative output. On the other hand, our de-risked monetization strategy comprising theatrical MGs, pre-sales to satellite, international territories and other ancillary rights ensures that we turn profits by managing costs and maximizing revenues."

On the other hand, while Yash Raj Films’ Band Baaja Baaraat opened to a very poor response on Friday, it picked up over the weekend. As was reported by Businessofcinema.com, the movie’s net collections on Friday were a mere Rs 9 million (Rs 90 lakhs). However Saturday and Sunday saw net collections of Rs 15 million (Rs 1.5 crore) and Rs 23.5 million (Rs 2.35 crore) respectively taking the opening weekend collections to Rs 47.5 million (Rs 4.75 crore). On Monday, the movie’s collections dipped again to Rs approximately Rs 8.5 million (Rs 85 lakhs). The four days total net collections of Band Baaja Baaraat is Rs 56 million (Rs 5.6 crore).  

The Hollywood release The Chronicles of Narnia: The Voyage of the Dawn Treader, which was released by Fox Star Studios India on 3 Decemner, has grossed approximately Rs 205 million (Rs 20.5 crore) in 10 days, across 4 languages. The business done by the film has resulted in India featuring in the top 10 International markets, which have released the film.

Fox Star Studios India CEO Vijay Singh said, "We are delighted that Indian audiences have embraced the magical world of Narnia with such enthusiasm. The film is holding strong across the country."

The Chronicles of Narnia: The Voyage of the Dawn Treader opened in the US and other international markets to a collection of $105.5 million.

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