Dec 29, 2024 08:52 PM IST The Malayalam film industry produced some good films but the Kerala Film Producers Association announced that only 26 films were successful out of 199. Looking back at 2024, one might believe that the Malayalam film industry fared better than most, churning out good films that garnered attention. However, IE reports that the Kerala Film Producers’ Association released a statement that paints a completely different picture. (Also Read: HT Rewind 2024: South films beyond Pushpa 2, Maharaja, Bhairathi Ranagal, Manjummel Boys that grabbed eyeballs) A still from Malayalam film industry’s highest grosser in 2024, Manjummel Boys. Mollywood in ₹700 crore loss Films like Manjummel Boys, The Goat Life, Aavesham, Premalu, and ARM performed well, making over ₹100 crore this year, becoming the industry’s highest-grossers. Films like Kishkinda Kaandam, Guruvayur Ambalanadayil and Varshangalkku Sesham brought in over ₹75 crore. However, the association reportedly revealed that only 26 of the 199 Malayalam films produced this year were successful. With the total production cost of these films hitting ₹1000 crore, only ₹300 crore …