The movie, which released Friday, in 2D and 3D format, grossed Rs.5 crore on the opening day and went on to earn Rs.19.5 crore over the weekend.
"Life Of Pi", based on Yann Martel's Booker Prize-winning novel of the same name, features debutant Suraj Sharma, Tabu and Irrfan Khan in prominent roles. It narrates the tale of a boy who is adrift at sea in a lifeboat with a Royal Bengal tiger after his family is drowned in a shipwreck.
It opened in the country in four languages - English, Hindi, Tamil and Telugu.
The movie captures the hillside town of Munnar along with the elegance of Puducherry. "Life Of Pi" is said to have received the second highest opening of all time for Fox Star Studios after "Avatar".