Venkatesh and Naga Chaitanya-starrer Venky Mama has pulled in good revenues in the first week. After getting good collections over the first three days, the film registered a drop on Monday and Tuesday, only to recover once more on Thursday.
Industry sources report that the film garnered nearly Rs 22 crore in Andhra Pradesh and Telangana, which is quite a decent amount.
With a few other film releases this week, the movie had to contend with stiff competition, but the holiday season is expected to augur well for the film’s fortunes. Made at a high budget, producer Suresh Babu is happy with the collections — which along with the satellite and digital rights of the film — will easily recover production costs.