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

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.

ALCHEMPro News Desk (DS)