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PVR CEO refutes rumours of losing 800 crore after Brahmastra release

By Lokmat English Desk | Updated: September 11, 2022 10:20 IST

PVR Pictures CEO Kamal Gianchandani has refuted reports that Brahmastra led to hundreds of crores in losses for the ...

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PVR Pictures CEO Kamal Gianchandani has refuted reports that Brahmastra led to hundreds of crores in losses for the cinema chain. He wondered if this was a deliberate attempt to cast doubt over the film.

Citing a Business Insider report that was widely circulated online a day prior to Brahmastra’s release, Kamal Gianchandani wrote in his tweets that the news was ‘false and negative’. He added, “Is it a lack of understanding or is it intentionally designed to cast doubts? Just so that we don’t miss crucial FACTS, I can now confirm that @_PVRCinemas did 8.18 cr Net BO.” Brahmastra, reportedly produced on a budget of Rs 410 crore, has  minted 75 crore worldwide on day one of release. Brahmastra has been in the making for several years. The ambitious project — intended to kick-start a trilogy — was first announced back in 2014 by co-producer Karan Johar. In the days leading up to the release, the film registered strong advance booking figures. Currently, Brahmastra has delivered the second-biggest opening day figures of the year in the Hindi belt.

Tags: BrahmastraPvr PicturesRanbir Kapoor
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