GDP clocked 6.9% last quarter, 6.3% in fiscal: Mint poll

India's economic growth likely improved to 6.9% in the March quarter from 6.2% in the previous quarter, driven largely by robust agricultural activity and service sector exports, according to a median estimate of 22 economists polled by Mint.

- Manjul Paul

This would take full-year 2024-25 GDP growth to 6.3%, lower than the second advance estimate of 6.5% by the National Statistical Office in February.

Provisional GDP data for the fourth quarter and FY25 are scheduled to be released on 30 May. Economists in the poll projected India's GDP growth in a wide range of 6% to 7.5%. However, all but one expected GDP growth in the March quarter to surpass the preceding quarter's reading. The NSO's second advance estimate implied 7.6% growth in the final quarter.