The economy has shown that it showed some improvement in Q4 FY25 with GDP growth at 6.4 % 7.2 %

The economy is seen as a more marginal performance in the fourth quarter of 2024-25, but the growth of full fully financial gross domestic product is seen as less than expectation of 6.5 %.

Most experts estimate that the economy has grown anywhere between 6.4 % and 7.2 % in January to the quarter -March 2025 and expect the gross domestic product by 6.3 % to 6.4 % in the fiscal year 25. estimates less than the second official estimate by the National Statistical Office by 6.5 % for the fiscal year 25 with implicit forecast of 7.6 % for the fourth quarter of the fiscal year.

According to NSO, the economy grew by 6.5 % in the first quarter of 2024-25, 5.8 % in the second quarter and 6.2 % in the third quarter of the fiscal year.

NSO will make its official estimates for GDP growth in the fourth quarter, as well as from the full fullest financial 2024-25 on May 30.

Analysts expect the farmer sector to work well in the fourth quarter of the fiscal year, while manufacturing is seen as slowing. Special consumption as well as the formation of the total fixed capital is seen as slower.

Barclays expects GDP growth in the fourth quarter of the fiscal year by 7.2 % due to a sharp increase in the net indirect tax and real GDP growth by 6.4 %. “We believe that the growth of the agricultural sector is likely to show Y/Y, as proposed estimates of crop production – which show the record for high wheat production. Accordingly, we appreciate the growth of agricultural GVA at 5.8 % Y/Y in the fourth quarter, and accelerate 5.6 % in the third quarter.”

Within the industry sector, the agency expects to add mining and generating electricity and generating electricity modestly while the manufacture of GVA (18 % of GVA) slowed in the quarter -month of January to March.

Nomura expected GDP growth 6.7 % in the fourth quarter of the fiscal year. “On the supply side, the production of strong crops (winter) must ensure its continuous power in the agricultural sector. It is possible that industrial growth is weaker, but we expect to capture the wide base in the growth of services. On the side of demand, we expect that there will be moderation in GDP growth in general.” For FY25, GDP growth was estimated at 6.2 % and for 26 plaques at 5.8 %.

ICRA expected expansion of GDP on an annual basis to 6.9 % in the fourth quarter of the 2015 fiscal year and GDP growth for the full year by 6.3 %. “Both consumption and special trends of investment activity were not equal in the fourth quarter of the fourth quarter of the 2012 phase, with the latter partially due to the uncertainty related to the tariff. Service sector exports continued to show growth of two numbers, while goods exports were contracted with in the fourth quarter of Weiss. ICRA.

Meanwhile, SBI ECOWRAP said in a report that it expects the growth of GDP for the fourth quarter of the fiscal year in about 6.4-6.5 % and FY25 to stand 6.3 %.