India's real GDP grows 7.8% in Q1 FY26: NSO estimates

01 Sep '25

1 min read

India's real GDP grows 7.8% in Q1 FY26: NSO estimates

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Insights

India's real GDP grew by an estimated 7.8 per cent in Q1 FY26 compared to 6.5 per cent during Q1 FY25, government statistics show.
Nominal GDP grew at an estimated 8.8 per cent in Q1 FY26.
The manufacturing sector grew at an estimated 7.7 per cent YoY at constant prices in the quarter.
Real private final consumption expenditure saw 7-per cent growth in the quarter compared to 8.3 per cent in Q1 FY25.

India’s real gross domestic product (GDP) grew by an estimated 7.8 per cent in the first quarter (Q1) of fiscal 2025-26 (FY26) compared to a growth of 6.5 per cent during Q1 FY25, according to the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation.

Nominal GDP grew at an estimated 8.8 per cent in Q1 FY26.

The manufacturing sector grew at an estimated 7.7 per cent year on year (YoY) at constant prices in Q1 FY26.

Government final consumption expenditure bounced back, registering 9.7 per cent growth in nominal terms during Q1 FY26 compared to a growth of 4 per cent in Q1 FY25.

Real private final consumption expenditure saw 7-per cent growth during the quarter compared to a growth of 8.3 per cent in the corresponding period of the previous fiscal, a release from the ministry said.

Gross fixed capital formation recorded a growth of 7.8 per cent at constant prices compared to 6.7 per cent in Q1 FY25.

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