Stagnant box office and falling footfalls have been the story of the Bollywood box office for the last 3-4 years. But the first quarter of 2017 has brought in good news. 2017 has seen the best-ever performance for the domestic business from Hindi films released in the Jan-March period, with total nett box office of Rs. 580 crore. 2014 held the earlier record, clocking 525 crore in the same period.
The chart below shows year-on-year performance of the first quarter since 2012.
The first quarter has contributed only 17% of the total annual box office business over 2012-16. Hence, it is often not the quarter that decides how strong the year will be. But Bollywood will be hoping that the momentum created at the start of 2017 continues through the year.