Within 24 hours of release, SS Rajamouli's "Baahubali" ('Bahubali') is breaking box office collection records of Indian films. 

The latest box office report for the movie from the US suggests that the film has collected over $1 million on its opening day.

Initial official reports say the collection stood at $1,010,550 from 118 screens, beating that of Aamir Khan's "PK" and Kangana Ranaut's "Tanu Weds Manu Returns".

"PK" earned $967,152 while "Tanu Weds Manu Returns" collected $250,000 on the opening day in the US.

Box office sources predict the movie is poised to break all-time records of other Indian films such as Rajinikanth's "Enthiran", Shahrukh Khan's "Happy New Year", Salman Khan's "Kick" and Aamir Khan's "Dhoom 3".

"Baahubali" directed by SS Rajamouli has star cast of Prabhas, Rana Dagubbatti, Tamannaah Bhatia, Ramya Krishna, Anushka Shetty, Sudeep, Nasser, Prabhakar, Sathyaraj, Adivi Sesh, Tanikella Bharani, Rohini, Prabhakar, Rakesh Varrem Charandeep and Meka Ramakrishna.