Ram Gopal Varma Says Ramayana Part 2 Can Earn 10 Times More As Ramayana Part 1 Races Past Rs 1288 Crore

nehagupta
4 Min Read
Ram Gopal Varma reacts as Ranbir Kapoor-led Ramayana Part 1 storms past Rs 1288 crore at the box office

Even by the scale that Ramayana Part 1 has already established, Ram Gopal Varma’s latest prediction is enormous. With Nitesh Tiwari’s mythological epic crossing Rs 1288 crore worldwide within 10 days of release, the filmmaker has now said Ramayana Part 2 could do 10 times more business than the first film.

Varma’s comments arrived as the Ranbir Kapoor, Sai Pallavi and Yash starrer continues its remarkable theatrical run after opening in cinemas on November 5, 2026, three days before Diwali. The film crossed the Rs 1000 crore mark in eight days and has since climbed to over Rs 1288 crore globally, making it one of the biggest Indian box office stories of the year.

Ram Gopal Varma’s Big Prediction For Ramayana Part 2

Varma did not stop at praising the film’s run. He also pushed back against the widely discussed assumption that Ramayana Part 1 needs an outsized theatrical total to recover its cost. On X, he wrote, “I got to know that the actual cost of Part 1 is a little less than Rs 800 crore, and that includes mutually beneficial deals, global tax benefits, subsidy elements, etc., which will all eventually bring the cost to less than that. And not only me, but any reasonably experienced filmmaker, by seeing the film, can see the cost can’t be more than that.”

He also took aim at the idea that both parts of the franchise would have equal production costs. Calling that logic flawed, Varma argued, “That’s like thinking the cost before interval and post-interval will be the same in a film. I know of films where 50% of the cost was just the climax.”

His boldest claim, however, was reserved for the sequel: “If KGF 2 did around 5 times more than KGF 1, I am convinced that Ramayana 2 will do 10 times more than Ramayana part 1. If you disagree, we will talk in 2028.”

Why The Film’s Economics Are Being Debated

The larger conversation around Ramayana has centered on its scale. Producer Namit Malhotra has previously said the two-part project was mounted with a combined investment of more than Rs 4000 crore, including international marketing costs. Varma now believes the first film alone may recover not just its own cost, but potentially create a stronger runway for the franchise’s long-term revenue across theatrical, non-theatrical and ancillary streams.

He also wrote, “Going by how it’s running now, it is obvious that Namit Malhotra is going to cover the entire cost of Part 1, or maybe both parts, in Part 1 itself and then there’s the non-theatrical of part 1 and all revenue inflows of part 2.”

Ramayana Cast, Crew And Franchise Plans

Directed by Nitesh Tiwari, Ramayana Part 1 is produced by Prime Focus Studios in collaboration with Yash’s Monster Mind Creations. The film stars Ranbir Kapoor as Rama, Sai Pallavi as Sita, Yash as Ravana, Sunny Deol as Hanuman, and Ravie Dubey as Lakshman. Conceived as a two-part live-action epic based on the Indian mythological text, the story’s second chapter is currently lined up for a 2027 release.

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