Loafer First Weekend Collections: Not Encouraging!

Update: 2015-12-21 14:37 GMT
Varun Tej is likely to score a third consecutive flop with the revenues of 'Loafer' falling short of expectations.

Inspite of massive release and a decent word-of-mouth, All that 'Loafer' managed is a share of Rs 7.55 crore in Telugu states and Rs 8.45 crore Worldwide in its opening Weekend (4 Days).

In USA, 'Loafer' was already declared as big disaster with the commercial entertainer managing just $32,000 from 32 locations in the first weekend.

After an impressive opening day revenue, 'Loafer' collections fell on Day 2 and never really picked up thereafter. Dhanush and Samantha starrer 'Nava Manmadhudu' affected 'Loafer' revenue to some extent. Survival is going to be tough for 'Loafer' with 3-4 four new releases aiming Christmas.
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