India's real gross domestic product (GDP) grew 7.8 percent in the April-June quarter (Q1 of fiscal year 2026-27), surpassing the Reserve Bank of India's (RBI) forecast of 7 percent for the period, according to data released by the Ministry of Statistics & Programme Implementation (MoSPI).

Finance Minister Nirmala Sitharaman said on Monday that the reforms undertaken by the NDA government, together with agile management of the economy, are bearing results. In a post on X, she stated: "The credit for this strong performance goes to the people of India and their hard work. Reforms undertaken by the NDA Government, together with an agile management of the economy, are bearing results." She added that the government remains committed to further expanding economic opportunities for all citizens.

Prime Minister Narendra Modi also commented on the GDP figures, describing India's 7.8 percent growth during Q1 of FY 2026-27 as a "herculean feat." He said, "The collective strength of our people ensured India delivered such growth despite oil price shocks and supply chain issues in the midst of global uncertainties." He further remarked, "Doomsayers were doomed and India bloomed…yet again!"

The MoSPI data also showed that nominal GDP in Q1 of FY 2026-27 grew by 10.3 percent, while real gross value added (GVA) recorded 8.2 percent growth. Real GVA was estimated at Rs 73.82 lakh crore, compared to Rs 68.21 lakh crore in the same quarter of the previous fiscal year.