Nandamuri Kalyan Ram’s new film ISM got released last Friday and going well with positive response all over. The collections on day one were good considering the PURI mania.
Kalyan Ram demolished all the rumors on this film budget and his financial position in a recent interview. He said the news coming his way that he lost Rs. 5 crores on ISM is not a true one at all.
Kalyan Ram About Financial Crisis:
Reacting to the rumors about his financial position Kalyan Ram said: “It was true that I spent little more than the estimated amount for ISM. But it was not true that I overspent the amount which I cannot afford. I have been hearing the news that Kalyan Ram was over and he is running into deep losses and unable to recover again but there is nothing like that and all are rumors, I am fine and if I was really in losses how can I continue making new films ?”
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He also said that if he likes a story he is willing to go ahead with the risks involved and spend the required money for the necessary project further adding that this proves his financial position to produce his own movies these days. The movie maker went on to add that hereafter he will start serious work on films done under other production banners also.
Also Watch: Jagapathi Babu Satirical Comments On “ISM” Movie Story