Guwahati: India’s gross domestic product (GDP) had grown at a staggering 7.8 per cent in the first quarter that ended on June 30, 2025.
The revelation was made by latest official data which was unveiled on August 29.
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The number has raced past all GDP expectations as most analysts had pegged the Q1 FY26 GDP growth at 6.5-7% as per News18.
The Indian economy had enhanced at 6.5% in the same quarter last year.
And it grew at 7.4% in the previous quarter (Q1 FY26).
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“Real GDP has been estimated to grow by 7.8% in Q1 of FY 2025-26 over the growth rate of 6.5% during Q1 of FY 2024-25,” read a statement from the Union Ministry of Statistics & Programme Implementation.
News 18 reports, “Real GDP, or GDP at constant prices, in Q1 of FY 2025-26 is estimated at Rs 47.89 lakh crore, against Rs 44.42 lakh crore in Q1 of FY 2024-25.”
Nominal GDP, which weighs in inflation, has had a growth of 8.8% in Q1 of FY 2025-26.
This impressive rise can be attributed to growth in the services sector.
It has pushed Indian economy to a real GVA growth of 7.6% in Q1 of FY 2025-26, the statement added.
Real GVA, is GDP without net product taxes.
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It shows growth in supply which is predicted at Rs 44.64 lakh crore against Rs 41.47 lakh crore in Q1 of FY 2024-25.
This lead to a growth rate of 7.6%, as per the latest data by the National Statistical Office (NSO).
Nominal GVA in Q1 of FY 2025-26 should be Rs 78.25 lakh crore vis-a-vis Rs 71.95 lakh crore in Q1 of FY 2024-25.
This displays a growth rate of 8.8%.