India’s Q4 FY25 GDP growth 6.9%, limiting FY25 expansion to 6.3%: ICRA

ICRA has projected the YoY growth of India’s GDP to have risen to 6.9 per cent in Q4 FY25 from 6.2 per cent in Q3, significantly undershooting the government’s implicit estimate of 7.6 per cent for the quarter.
The GVA growth is estimated to have recorded a relatively milder pick-up to 6.3 per cent in Q4 FY25 from 6.2 per cent in Q3, driven by a slight uptick in the industrial sector.