Mamangam box office collection day 4: Mammootty's film crosses Rs 60 crore mark in 1st weekend

Mammootty's much-hyped movie Mamangam has made superb collection at the worldwide box office in the first weekend, with its total business surpassing Rs 50 crore gross mark in the global market in four days.

Riding on the huge hype and promotion, the M Padmakumar-directed period action film released in a record number of screens across the globe on Thursday and registered superb response. Mamangam collected Rs 23.70 crore gross at the worldwide box office on its first day according to its producers. The movie not only became the biggest opener for Mammookka but also the third biggest Mollywood opener of all time.

Mamangam was almost successful in meeting the viewers' expectations generated by its promos before its release. But it garnered mixed responses due to slow-paced narration and a few other factors. While some people feared that the word of mouth might take a toll on its collection, the movie surprised them all, by remaining rock-steady at the ticket counters on its second day.

When compared to its opening day business, the Mammootty starrer witnessed around 37 percent decline on Friday, but its collection was far better than many other big-ticket movies. However, Mamangam went on to show a further drop on Saturday. When compared to its Friday business, the movie has shown nearly 27 percent dip its collection on its third day.

The Mammootty starrer showed some amount of growth in its business on Sunday, as it was a holiday for most of the people. Mamangam collected over Rs 60 crore gross at the worldwide box office in the four-day-extended first weekend, according to the Facebook post of producer Venu Kunnappilly.

Venu Kunnappilly, the owner of Kavya Film Company, has reportedly shelled out a hefty budget of Rs 55 crore on its production and promotion. He has reportedly distributed under his banner. Mamangam is estimated to have earned around Rs 26.50 crore for the producer in its opening weekend.