Kochi: Continuing their practice of releasing the theatre collection figures for films each month, the Kerala Film Producers Association has published the data for February, which underscores the concerns raised by the association regarding the huge losses suffered due to box office failures. According to the association, the data released on Wednesday includes the production costs and box office collections for the 16 films released in February. The disconcerting figures regarding the theatre collections of films released in February have now been made public.

A total of 17 films were released in February. However, the data for the film Thadavu is unavailable, as mentioned in the list released by the association. The budget and box office share for the remaining 16 films are included in the report.

The total production cost for these 16 films was ₹75.23 crore. However, these films collectively earned only ₹23.55 crore from theatres.

Four films released in February are still running in theatres. The films Bromance, Officer on Duty, Chattuli, and Get Set Baby are still being screened, according to the producers' association.

The films Izha, Love Dale, and Narayaneente Moonnu Makkal were released on February 6. Izha had a budget of ₹63.83 lakh but earned only ₹45,000 from theatres. Love Dale, made with a budget of ₹1.6 crore, earned only ₹10,000 from theatres. Narayaneente Moonnu Makkal had a budget of ₹5.48 crore and earned ₹33.58 lakh from theatres.

Bromance, David, and Painkili were released on February 14. Bromance, made with a budget of ₹8 crore, has earned ₹4 crore so far and is still running in theatres. David, which had a budget of ₹9 crore, has earned ₹3.5 crore. Painkili, made with a budget of ₹5 crore, has earned ₹2.5 crore.

Officer on Duty, released on February 13, had a budget of ₹13 crore. This film has earned ₹11 crore from theatres and is still screening. According to the figures released by the producers, this is the only film which has fared well in theatres in February.

The films Chattuli, Get Set Baby, and Urul were released on February 21. Chattuli, made with a budget of ₹3.4 crore, earned only ₹32 lakh from theatres. Get Set Baby, with a budget of ₹9.99 crore, is still running in theatres and has earned ₹1.4 crore so far. Urul, made with a budget of ₹25 lakh, earned just ₹1 lakh from theatres.

Machante Malakha, made with a budget of ₹5.12 crore, earned only ₹40 lakh from theatres. Athma Saho, made with a budget of ₹2.5 crore, has not performed well either.

The film Arik, released on February 28, had a budget of ₹1.5 crore and earned only ₹55,000 from theatres. On the same day, Iti Mazha Kaatt was released with a budget of ₹5.74 crore and earned only ₹2.10 lakh from theatres.

Ap Kaise Ho had a budget of ₹2.5 crore, but it earned only ₹5 lakh from theatres. Randam Yamam, with a budget of ₹2.5 crore, earned just ₹80,000 from theatres.

The Producers Association had also released the figures for films released in January. According to the figures, out of the 28 films released in January, only Rekha Chithram, directed by Jofin T Chacko and starring Asif Ali and Anaswara Rajan, was able to generate enough revenue from theatres to make a profit. The total loss incurred from the films in January is estimated to be ₹110 crore. In February, the estimated loss from the films released is around ₹52 crore.

According to the association, only 12% of films released in the Malayalam film industry succeed annually. They point out that around 60% of a film's budget goes into actor and technician salaries, which increases losses. They have demanded reductions in GST, entertainment tax, and actors' high remuneration. The association also noted that the Malayalam film industry is facing a severe crisis.