For Sharwanand, the collection report of “Ranarangam” comes as shock. The film that hit the screens on Independence Day has completed its first-week run and the final first week total is around Rs 9.45 Cr worldwide. The film has not even crossed Rs 10 Cr mark.
“Ranarangam” registered huge collections on its first day but poor word-of-mouth and negative reviews had spoiled its chances at the box-office. The film crashed at the ticket windows on its first Monday itself and it never recovered. Sharwanand is also in need of a good commercial success but this film has failed him again.
“Ranarangam” is directed by Sudheer Varma and produced by Sithara Entertainments. It did a pre-release business of Rs 17 Cr. More than 50 percent of losses are being witnessed.