First-day collections of Salman-starrer above the Shah Rukh sci-fi futuristic blockbuster, but Ra.One rakes it on Diwali with Rs62.50 crore
Shah Rukh Khan’s ‘Ra.One’ was the most awaited mega-movie of 2011. Not only because it had King Khan as a sci-fi hero, but because it was another chapter in the clash-of-the-titans saga in Bollywood. Can the King beat Sallubhai?
As far as the opening collections go, ‘Bodyguard’ still rules the roost. However, King Khan’s humanoid avatar has put up a marvellous show. As Eros International, the distributor for ‘Ra.One’ has said, Diwali sales have amounted to Rs62.50 crore.
“‘Ra.One’ grossed Rs26.50 crore with a net of Rs18.50 crore on 26th October (Wednesday), making it the highest-ever Diwali day collection in the history of Indian cinema. The second day collections on 27th October were even more impressive with the film raking in Rs36 crore gross with a net of Rs25.10 crore, making it the highest collection ever on a single day for an Indian film,” Eros said. ‘Ra.One’ opened across more than 4,000 plus screens worldwide (3,100 plus screens in India and 904 prints internationally, including 3D, Tamil and Telugu).
That is definitely something to look out for, and ‘Ra.One’ needs to deliver. Not only because it has to recover its massive Rs150 crore budget; but King Khan has to prove a point to his archrival. Salman Khan had delivered three successive super-hits with ‘Dabangg’, ‘Ready’ and ‘Bodyguard’. The last one had broken all box-office records, and on the first day of its release on Eid, it amassed a huge Rs21.50 crore—which is still the largest first-day haul.
‘Bodyguard’ opened across 2,250 screens in 70 Indian cities and with 482 prints across overseas territories. Along with ‘Singham’, it revived Reliance Entertainment’s fortunes, which had taken a beating with duds like ‘Kites’, ‘Raavan’ and ‘Haunted’.
‘Bodyguard’ surpassed Sallubhai’s own ‘Dabangg’ with its Rs213 crore collection; which had, in turn, beat Aamir Khan’s mega-cult hit ‘3 Idiots’. With Salman on a roll, and Aamir maintaining a mysterious silence over his next mega-project—while churning out another cult-hit and a critical success, ‘Delhi Belly’—King Khan had to come back with a bang.
The hype had started about a year ago, and the actor-producer had devoted himself fully to his dream project after the success (ahem) of ‘My Name is Khan’. Shah Rukh has reigned over foreign screens; having a massive fan base among NRIs and diehard fans of Indian melodramatic family sagas and romances. The domestic scene, especially the single screens, however, belongs to Salman. ‘Dabangg’ was not only a huge hit, it was a wake-up call for filmmakers who had underestimated the power of single-screens. No wonder, following ‘Dabangg’, we are seeing a return of the unapologetic over-the-top masala entertainers.
‘Ra.One’ opened to savage reviews, but nevertheless, fans flocked to root for the baadshah of Bollywood. And when had critical opinion mattered when it came to the King and Sallubhai? This battle is going to be epic.
Garden Silk Mills had posted a net profit of Rs25.26 crore for the quarter ended 30 September 2010
Garden Silk Mills has reported a 62.35% decline in its net profit for the second quarter ended 30 September 2011 to Rs9.51 crore over the same period last fiscal.
The company had posted a net profit of Rs25.26 crore for the quarter ended 30 September 2010, Garden Silk Mills said in a filing to the BSE.
Net sales stood at Rs1,072.50 crore during the quarter under review compared with Rs887.18 crore in the corresponding period previous fiscal, it added.
In the late afternoon, Garden Silk Mills was trading at around Rs75 per share on the Bombay Stock Exchange, 0.74% up from the previous close.
For the first half of the fiscal, Muthoot Finance’s net sales rose to Rs2,012.61 crore compared to Rs902.72 crore in the same period last year, a growth of 123%
Country's largest gold loan company Muthoot Finance reported 88% increase in profit at a little over Rs215 crore, driven by a massive 110% jump in revenues, for the second quarter ended 30 September 2011. It had posted a net profit of Rs114.48 crore in the same period last fiscal.
Amid soaring gold prices, the net sales of the Kerala-based company during the reporting quarter rose to Rs1,098.41 crore compared to Rs523.65 crore in the year ago period, recording a growth of 110%.
The EPS (earnings per share) stood at Rs5.80 compared to Rs3.67 per share in the year-ago period, the company said in a statement.
For the first half of the fiscal, the company's net sales rose to Rs2,012.61 crore compared to Rs902.72 crore in the same period last year, a growth of 123%. The net profit rose to Rs406.01 crore against Rs199.28 crore in the first half of last the fiscal, registering a growth of 104%.
In the late afternoon, Muthoot Finance was trading at around Rs178.50 per share on the Bombay Stock Exchange, 6.89% up from the previous close.