Eros International announces opening weekend collection of Rs. 25 crore worldwide for FERRARI KI SAWAARI

Mumbai, 18th June 2012: Eros International Media Ltd (Eros International), a leading global company in the Indian film entertainment industry has announced an opening weekend collection of Rs. 25 crore worldwide for Ferrari Ki Sawaari. The film has grossed over Rs. 20 crore in India (net collection: Rs. 13.91 crore) and Rs. 5 crore overseas. 

Debutant Director Rajesh Mapuska's fun-filled story of small guys and their big dreams and how these dreams turn into a mad comedy of errors has opened very well at the box office with positive reviews and audience reactions. Produced by Vinod Chopra Films, Eros International released Ferrari Ki Sawaari worldwide on 15th June 2012.

Commenting on the film's performance, Nandu Ahuja, Senior VP – Distribution – India, Eros International Media Ltd, "Vinod Chopra and his team have gained a reputation for presenting clean, entertaining films with a message for the entire family and with Ferrari Ki Sawaari, they have once again won the hearts of the audiences. We are also happy with critics' reactions to this joyride. The film showed a growth in collections over the weekend viz. Saturday showed a 36% increase over Friday, Sunday showed a growth of approx 47% over Saturday and Sunday over Friday was 99%".

Pranab Kapadia, President – Marketing & Distribution, Eros International plc added, "Ferrari Ki Sawaari is yet another success story which goes on to show that modest budget films are gaining popularity with the audiences. We had similar success with Vicky Donor earlier this year and this augurs well for new talent, be it actors or directors, to make their presence known in a rapidly growing Indian film industry. We are delighted to see this evolving trend that allows Eros to offer more such films later this year such as Shirin Farhad Ki Toh Nikal Padi and English Vinglish."

Ferrari Ki Sawaari is a heartwarming film about a young father's endeavor to fulfill the dream of his talented ten year old son. Produced by Vidhu Vinod Chopra, directed by Rajesh Mapuskar, written by Vidhu Vinod Chopra and Rajesh Mapuskar with dialogues by Rajkumar Hirani, Ferrari Ki Sawaari stars Sharman Joshi, Boman Irani and Ritwik Sahore with a song appearance by Vidya Balan. Supporting cast includes Paresh Rawal, Nilesh Divekar, Deepak Shirke, Akash Dhabade and Satyadeep Mishra.

After the positive reception of Ferrari Ki Sawaari by the audiences, Eros is scheduled to release Teri Meri Kahaani directed by Kunal Kohli on Friday 22nd of June. Consistent with the Company's portfolio strategy of co-producing and distributing high, medium and small budget films as well as partnering across the value chain to pre-sell and de-risk the film investments, the Company has already tied up with Wave Cinemas for India theatrical and pre-sold satellite broadcasting rights as well, over and above the music pre-sales. The Company expects the Shahid Kapoor-Priyanka Chopra starrer romantic film to be well received by audiences in India as well as overseas.   

About Eros International Media Ltd (Eros International)

Eros International Media Ltd. (BSE Script Code: 533261; NSE Script Code: EROSMEDIA) is a global player within the Indian media and entertainment arena. It operates on a vertically integrated studio model controlling content as well as distribution & exploitation across multiple formats globally, including cinema, digital, home entertainment and television syndication. Eros International is part of Eros International plc which is the first Indian media Company to get listed on the Alternative Investment Market of the London Stock Exchange.

For further information please visit: www.erosintl.com