India’s GDP grows 7.8% in Q4, full-year FY26 growth provisionally estimated at 7.7%

India’s GDP growth visual showing manufacturing, logistics, urban business activity and infrastructure expansion in FY2025-26
Manufacturing, logistics, urban business activity and infrastructure expansion reflecting India’s GDP growth in FY2025-26. Representative image (Image Source: Google AI)

India’s real Gross Domestic Product grew 7.8% in the January-March quarter of FY2025-26, while full-year growth was provisionally estimated at 7.7%, according to data released by the Ministry of Statistics and Programme Implementation on Friday, 5 June.

Real GDP in Q4 of FY2025-26 was estimated at ₹87.77 lakh crore, compared with ₹81.40 lakh crore in the same quarter of FY2024-25.

Nominal GDP in the fourth quarter was estimated at ₹94.65 lakh crore, against ₹86.75 lakh crore in Q4 of the previous year, showing growth of 9.1%.

Real Gross Value Added in Q4 was estimated at ₹80.18 lakh crore, compared with ₹74.32 lakh crore in Q4 of FY2024-25, recording growth of 7.9%.

Nominal GVA in the quarter was estimated at ₹86.46 lakh crore, against ₹78.68 lakh crore in the year-ago period, showing growth of 9.9%.

For the full financial year 2025-26, real GDP, measured at constant 2022-23 prices, was provisionally estimated at ₹323.12 lakh crore, compared with ₹299.89 lakh crore in FY2024-25. This reflects real GDP growth of 7.7%, higher than 7.1% in the previous year.

Nominal GDP, measured at current prices, was provisionally estimated at ₹346.36 lakh crore in FY2025-26, compared with ₹318.07 lakh crore in FY2024-25, showing growth of 8.9%.

Real GVA for the year was provisionally estimated at ₹294.91 lakh crore, against ₹273.36 lakh crore in FY2024-25, recording growth of 7.9%.

Read also : Government opens G-Sec market further, eases FPI rules to attract long-term foreign capital

Nominal GVA was estimated at ₹314.87 lakh crore, compared with ₹288.54 lakh crore in the previous year, showing growth of 9.1%.

The ministry said the secondary and tertiary sectors supported the economy’s performance during the year. The secondary sector registered real GVA growth of 8.8% in FY2025-26, while the tertiary sector grew 9.3%.

The primary sector recorded growth of 3.2% during the year, mainly driven by agriculture.

On the expenditure side, Gross Fixed Capital Formation grew 8.8% at constant prices in FY2025-26. Private Final Consumption Expenditure grew by more than 7.5% during the year.

In Q4, Gross Fixed Capital Formation grew 10.8%, while Private Final Consumption Expenditure registered growth of 7.1% at constant prices.

The ministry said the provisional annual estimates were compiled after incorporating information available for the fourth quarter of FY2025-26. The Second Advance Estimates released in February were based on data available up to the third quarter.

The estimates are part of the new GDP series with base year 2022-23, released on 27 February 2026.

MoSPI said the next quarterly GDP estimates, for Q1 of FY2026-27, are scheduled to be released on 31 August 2026.

Read also : RBI keeps repo rate unchanged at 5.25%, announces steps to attract foreign capital