Toxic is done at the box office, and the final tally tells two very different stories depending on which number you look at.

According to trade estimates compiled by Pinkvilla, the Yash starrer has closed its run at Rs 312.50 crore worldwide, made up of Rs 267 crore from India and roughly Rs 45.50 crore (about USD 4.80 million) from overseas markets. On paper, that's a number a lot of films would kill for.

But context is everything here. Toxic opened to a massive Rs 112 crore on day one in India alone, a start that suggested a juggernaut. It wasn't one. The film reportedly dropped on its second day itself, a red flag in any release, and then kept sliding through the weekdays. By the end of its extended first week, it had managed Rs 256 crore in India, per Pinkvilla's tracking, which means the film added barely anything after that opening surge.

The second week is where things really fell apart. Toxic reportedly slipped to just Rs 9 crore for the entire week, and by its third weekend it was pulling in barely over Rs 75 lakh, with most of that coming out of Karnataka alone. A film that opened like a certified blockbuster was, within a fortnight, running on fumes in a single state.

So why does a film with a Rs 312 crore global gross count as a disaster? Because the money coming in doesn't come close to covering what went out. Trade estimates cited by Pinkvilla peg Toxic's losses at around Rs 300 crore, a figure the outlet describes as possibly the highest in Indian film history. That's not box office underperformance in the usual sense. That's a budget-versus-return gap wide enough to reshape how a studio approaches its next big swing.

It's worth being careful with these numbers. Box office collections, especially final tallies and loss estimates, are trade projections built from advance bookings, market sentiment and distributor inputs rather than certified accounting. Nobody outside the production has opened the books. But the scale of the gap between opening-day hype and the eventual, quiet fade is hard to argue with, whatever the exact final figure turns out to be.

For Yash, coming off the scale of his last major release, Toxic's collapse is the kind of result that invites scrutiny of everything from the script to the release strategy. What it means for his next project, and how the studio behind Toxic absorbs a loss this size, is the story that plays out over the next few months, not the next few days.