Sikandar opened to mixed reviews on Eid and on its opening day, the film directed by AR Murugadoss garnered Rs 26 crore, marking one of the lowest openings for lead star Salman Khan in recent years. As reported by entertainment platform Sacnilk, Sikandar recorded a tentative collection of Rs 8.51 crore on its second day, March 31, bringing its total to Rs 34.5 crore. As attendance continues to dwindle, Sikandar is reportedly struggling to attract audiences to the multiplexes as well as single-theatre screens.
While the film managed to outperform Khan's previous release, Kisi Ka Bhai Kisi Ki Jaan from 2023, it fell short compared to the opening day earnings of Tiger Zinda Hai and did not meet the standards set by other blockbuster releases of 2025, including Chhaava, L2: Empuraan, and Thandel. The 2016 release Sultan earned ₹36.54 crore, and Tiger 3, released in 2023, achieved a remarkable ₹53.3 crore on its opening day.
Currently, the film's highest occupancy rates have just exceeded 10% in Mumbai, which casts doubt on the ambitious expectation of a Rs 50 crore opening day from Team Sikandar. Produced in collaboration with Sajid Nadiadwala and Grandsons, the film received a “below average” rating of 5.0 on IMDb and 50% on Rotten Tomatoes. Social media reactions from viewers have been mixed; while some appreciate the dramatic storyline, others have criticized the script as "dull."
Sikandar’s business took a hit when as the film was leaked online on its opening day. According to reports, multiple illegal platforms, including Telegram groups, allegedly leaked the movie online and offered free streaming links.