Real Gross Domestic Product (GDP) at constant prices in the first quarter of FY27 is estimated at Rs 81.36 lakh crore, up from Rs 75.46 lakh crore in the corresponding quarter of 2025-26.
Key Highlights of Quarterly Estimates
- Real GDP is estimated to grow by 7.8 per cent in Q1 of FY 2026-27, up from 6.9 per cent in Q1 of FY 2025-26.
- Nominal GDP grew 10.3 per cent in Q1 of FY 2026-27, up from 8.1 per cent in Q1 of FY 2025-26.
- Real and Nominal GVA have been assessed to grow by 8.2 per cent and 11.5 per cent, respectively, in Q1 of FY 2026-27.
- The tertiary sector has boosted the performance of the economy by registering growth of 10.0% at Constant prices, mainly driven by the ‘Financial, Real Estate, IT and Professional Services’ sector, which has observed 12.1% growth during Q1 FY 2026-27.
- The secondary sector has registered a growth of 8.6 per cent at constant prices.
- The primary sector has observed a 2.9 per cent growth rate at Constant prices, mainly contributed by the performance of the ‘Agriculture and Allied’ sector, which registered 3.6 per cent growth during Q1 of FY 2026-27.
- On the expenditure side, Gross Fixed Capital Formation (GFCF) recorded a double-digit (11.9 per cent) growth rate at Constant prices during Q1 of FY 2026-27, against the growth of 5.8 per cent in Q1 of FY 2025-26.
- Private Final Consumption Expenditure (PFCE) registered a growth of 7.1 per cent at Constant prices during the quarter.
