By Our Insights Desk
The Ormax Box Office Report is now established as the only credible report on the domestic box office in India, across all languages. We publish monthly box office reports on this website, and our year-end report is released in January of the following year, detailing the overall and language-wise box office trends of the previous year. The Ormax Box Office Report: 2024 is now out. Here are some key highlights:
With gross box office of ₹11,833 Cr, 2024 became the second-best year of all time at the India box office, trailing only the collections of 2023 ₹12,226 Cr). Hindi cinema saw a decline in 2024, with collections dropping from ₹5,380 Cr in 2023 to ₹4,679 Cr, and its box office share reducing by 4 percentage points, to 40%. Notably, 31% of Hindi cinema’s collections came from dubbed versions of South Indian films. If only original Hindi language films are considered, the decline in box office was a steep 37%.
Malayalam cinema doubled its box office share from 5% in 2023 to 10% in 2024, surpassing the ₹1,000 Cr mark for the first time ever. Meanwhile, Tamil & Telugu maintained their box office share with marginal differences compared to 2023. Hollywood experienced the steepest de-growth in 2024, with its gross box office collections dropping by 17% compared to 2023. Gujarati cinema recorded an impressive 66% increase over 2023, which is only behind the growth of Malayalam cinema.
Pushpa 2: The Rule was the highest-grossing film of 2024, with a gross box office of ₹1,403 Cr. Its dubbed Hindi version collected ₹889 Cr, setting a new record as the highest-grossing ‘Hindi’ film of all time. Pushpa 2: The Rule, Kalki 2898 AD & Stree 2 were the only films to surpass the ₹500 Cr mark at the India box office. Devara - Part 1, Bhool Bhulaiyaa 3 & The Greatest Of All Time were the other three films to gross above ₹300 Cr in 2024.
2024 registered 88.3 Cr (883 Million) footfalls, reflecting a 6% decline from 2023. Footfalls in 2024, were lower than the last two years, and continue to remain lower than pre-pandemic levels. Average Ticket Price (ATP) saw a marginal growth of 3% over 2023, from ₹130 to ₹134, compared to double-digit growth over the last two years, indicating more stability in ticket prices in 2024.
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