Upon its release, Devdas received widespread critical acclaim and emerged as the highest-grossing Indian film of 2002. It won 61 awards from 91 nominations, including five and ten Filmfare Awards , tying with Dilwale Dulhania Le Jayenge for the most Filmfare Awards at the time.
Rai's portrayal of the graceful yet intense Paro is considered one of her career-best performances.
The primary rights holder for many classic Bollywood titles often hosts the film on its streaming platform.