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Leo Takes Charge in October, Marking the Lowest Box Office Performance Since May: Ormax

The Telugu action drama "Bhagavanth Kesari" stood as the sole film in October to surpass the Rs 100 crore milestone.

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Kolkata, Nov 20 (The Street Press India) – After three exciting months of blockbuster movies, October brought us some regular releases at the theaters. According to The India Box Office Report by Ormax Media, October didn’t perform as well as the previous months, making it the least profitable month of 2023 since May. The total collection for October was Rs 812 crore. A big part of this came from the Tamil action blockbuster “Leo,” featuring Vijay, Trisha Krishnan, and Sanjay Dutt. “Leo” not only contributed significantly to October’s box office but also earned the title of the highest-grossing non-Hindi film of the year.

Ormax’s box office report follows the Gross Box Office as a standardized measure, disregarding variations in parameters like Gross, Nett, or Share used by different language industries. This unified approach attributes a film’s collection to the month of its release, regardless of any later improvements in numbers. In the case of multilingual releases, the box office figures represent the collective contribution of the film across all languages.

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In October, Lokesh Kanagaraj’s “Leo” stood out, raking in an impressive Rs 405 crore and surpassing the combined earnings of the next four films. Following closely in second place was Anil Ravipudi’s Telugu action drama, “Bhagavanth Kesari,” with a noteworthy collection of Rs 104 crore. Securing the third spot was the sleeper hit “12th Fail,” directed by Vidhu Vinod Chopra and starring Vikrant Massey, which earned Rs 48 crore.

Securing the fourth spot in October was the Telugu action film “Tiger Nageswara Rao,” featuring Ravi Teja and Nupur Sanon, sister of Kriti Sanon, with an earnings of Rs 40 crore. It surpassed the Akshay Kumar-starrer “Mission Raniganj: The Great Bharat Rescue,” which collected Rs 39 crore, taking the fifth position on the list.

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Leo’s remarkable performance propels it to the fourth position among the highest-grossing films of 2023, trailing behind Jawan (Rs 741 crore) and Pathaan (Rs 646 crore), with Gadar 2 close behind at Rs 628 crore. The total box office figures for 2023 have reached Rs 9,621 crore so far, showing a six percent increase compared to the same period last year.

With the strong initial success of Salman Khan and Katrina Kaif-starrer Tiger 3 in November, coupled with the upcoming releases of Prabhas-starrer Salaar and Shah Rukh Khan’s Dunki in December, 2023 is poised to surpass the 2019 record of Rs 10,948 crore. At its current pace, 2023 is projected to finish with an impressive Rs 11,545 crore, marking the first year to cross the Rs 11,000 crore threshold in box office earnings.

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In October, a less-than-satisfactory performance from Bollywood releases caused Hindi’s language share to dip by one percentage point to 41 percent. Despite this decrease, Hindi remained comfortably ahead of Telugu and Tamil, both of which secured 18 percent of the box office share.

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Sk Sahiluddin
Sk Sahiluddinhttps://www.thestreetpress.in/
Sk Sahiluddin is a seasoned journalist and media professional with a passion for delivering accurate and impactful news coverage to a global audience. As the Editor of The Street Press India, he plays a pivotal role in shaping the editorial direction and ensuring the highest journalistic standards are upheld.
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