India's GDP grows 7.8% in April–June 2026 quarter
On 31 August 2026, MoSPI estimated India's real GDP growth for Q1 (April–June) of 2026-27 at 7.8%, with nominal GDP growing 10.3% and real GVA 8.2%.
Summary
The Ministry of Statistics and Programme Implementation (MoSPI) released quarterly GDP estimates for the first quarter (April–June) of 2026-27 on 31 August 2026. Real GDP is estimated at ₹81.36 lakh crore against ₹75.46 lakh crore a year earlier, a growth of 7.8%, while nominal GDP grew 10.3% to ₹88.27 lakh crore. Real Gross Value Added grew 8.2% to ₹73.82 lakh crore. The estimates use the new series with base year 2022-23, released on 27 February 2026; MoSPI also released the National Accounts Statistics 2026 publication the same day.
Key facts
- Real GDP growth, Q1 FY27
- 7.8% (₹81.36 lakh crore)
- Nominal GDP growth
- 10.3% (₹88.27 lakh crore)
- Real GVA growth
- 8.2% (₹73.82 lakh crore)
- Base year
- 2022-23 (new series released 27 Feb 2026)
- Released by
- MoSPI, 31 Aug 2026
Practice MCQs 4 questions
What was India's real GDP growth in Q1 (April–June) of FY 2026-27, as estimated by MoSPI on 31 August 2026?
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Correct answer: B — 7.8%
Real GDP grew 7.8% in Q1 FY 2026-27; nominal GDP grew 10.3% and real GVA 8.2%.
What was the growth of real Gross Value Added (GVA) in Q1 of FY 2026-27?
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Correct answer: D — 8.2%
Real GVA grew 8.2% to ₹73.82 lakh crore in Q1 FY 2026-27.
The Q1 FY 2026-27 GDP estimates are based on the new national accounts series with which base year?
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Correct answer: A — 2022-23
MoSPI released the new series of GDP estimates with base year 2022-23 on 27 February 2026.
Consider the following statements about India's Q1 FY 2026-27 GDP estimates: 1. Nominal GDP grew faster than real GDP during the quarter. 2. The new GDP series with base year 2022-23 was released in February 2026. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct: nominal GDP grew 10.3% against 7.8% real growth, and the new series was released on 27 February 2026.