India economy beats estimates, logs 8.2% Q2 GDP growth: Highest in 6 quarters

Government data puts second-quarter real GDP growth for India at 8.2 per cent, beating market consensus

India GDP economy growth

India posted its highest economic growth in six quarters, as per the latest government data. The nation logged a GDP growth of 8.2 per cent in the July-September 2025 quarter (fiscal second quarter).

Q2 GDP growth outperformed the previous and year-ago quarters, which were at 7.8 per cent and 5.6 per cent, respectively.

The latest estimates released by the National Statistics Office (NSO) signalled broad-based momentum across key sectors.

In absolute terms, real GDP for Q2 is estimated at Rs 48.63 lakh crore, compared with Rs 44.94 lakh crore a year earlier. At current prices, nominal GDP came in at Rs 85.25 lakh crore, an 8.7 per cent increase over Rs 78.40 lakh crore in Q2 of 2024-25. 

The data revealed that strong performance of the secondary and tertiary sectors (industry and services), which grew 8.1 per cent and 9.2 per cent respectively, pushed overall growth above the 8 per cent mark.

Manufacturing and construction stood out within industry, clocking growth of 9.1 per cent and 7.2 per cent at constant prices in the three-month period, on steady factory output and ongoing infrastructure activity. 

On the services side, the government statement revealed that “Financial, Real Estate & Professional Services” recorded a robust 10.2 per cent jump.

Agriculture and allied activities grew at a more muted 3.5 per cent, and “Electricity, Gas, Water Supply and Other Utility Services” rose 4.4 per cent. 

Private consumption remained a key driver. The NSO data stated that real Private Final Consumption Expenditure (PFCE), an indicator for household spending, rose 7.9 per cent in the quarter, up from 6.4 per cent a year earlier. 

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