28 Cr Investment, 5 Cr Loss On this Film!
Three days after "Ranga Ranga Vaibhavanga" opened in theatres, the audience's reaction was underwhelming. The movie's box office performance was not very successful. Many believed the producers wouldn't suffer any loss given the film's subject matter and aesthetic. The cost of production should be low because the plot is centred around two residences, and songs were also recorded in vizag and Hyderabad. However, according to our sources, the producers spent Rs 28 crore on it.
The pay for the cast and crew of the movie "Vaisshnav Tej and Ketika Sharma" is small. However, the manufacturers lost a lot of money in interest on the borrowed funds. "Ranga Ranga Vaibhavanga" was repeatedly delayed since it was difficult to choose the ideal release date. As a result, interest rates started to weigh on us.
The producer invested money on outdoor marketing ads and went on promotional trips because the hero, Vaisshnav Tej, requested a more noticeable publicity campaign. They spent Rs 28 crore on it all in all. The non-theatrical market allowed the producers to recoup Rs 21 crore. Only Rs 2 crore will arrive from theatres. Therefore, the producer will experience a net loss of almost Rs 5 crore.