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India's real GDP grew 8.2% year-on-year in Q2 FY26, beating Bloomberg's 7.2% estimate
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Private consumption increased by 7.9% and gross fixed capital formation rose 7.3% in Q2 FY26
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The services sector expanded 9.2% year-on-year, leading overall economic growth in Q2 FY26
India’s real GDP grew 8.2% YoY in Q2 FY26, outpacing the Bloomberg consensus of 7.2%. This marks the fastest growth in six quarters, driven by robust private consumption (up 7.9%) and sustained investment activity (GFCF up 7.3%). The services sector remained the key engine, expanding 9.2% YoY, while the secondary sector grew 8.1% YoY.
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Dolat Capital Report
India’s real GDP expanded 8.2% YoY in Q2 FY26, sharply above the 7.2% consensus (Bloomberg). The upside surprise was driven by strong private consumption and sustained investment momentum.
On the GVA front, the services sector remained the key engine, rising 9.2% YoY.
A favorable base and a soft deflator amplified the headline GDP print, pushing growth higher than anticipated.
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