Despite the descending review of global growth expectations and the rise in geopolitical risks, the Indian economy remained “largely flexible”, and SBI stated in his latest report. She said that the acute global review of declining due to commercial turmoil and it seems that uncertainty in politics has slightly wavy effects on local growth. The report indicated that India seems to have adopted fluctuation when the hat decreases despite the geopolitical risks driven by commercial tariffs and other barriers.
“On the assumption that there are no major reviews in the Q1 estimates to the Q3 in issuing the data coming by NSO, we expect the FY25 GDP to stand by 6.3 %,” said the SBI report. The report expects the GDP growth of Q4 FY25 at 6.4-6.5 percent.
FY25 GDP is a little less than the Reserve Bank estimates in India in the ads of the Monetary Policy Committee meeting in April. RBI Sanjay Malhotra said that the APEX Bank expects growth to be 6.5 percent for the fiscal year 25. Before that, the second pre -national estimates of national income expect the economy to grow by 6.5 % in the fiscal year 25.
The SBI report stated that the growth of rural agricultural wages showed signs of moderation. She said that the expectations of the Ministry of Meteorological Department of Meteorological in the first phase of the southwestern mobilization and above the Mediterranean are the predictions of rain during the seasonal wind season, they can enhance the possibilities of abundant crop for the fall season. She said that India is targeting 354.64 million tons of food grain production in 2025-26, starting in July, with better seasonal rain.
The SBI report added that about 1,200 listed companies reported the growth of revenue by 6 percent, while EBITDA and profit after tax (PAT) grew about 10 percent and 14 percent, respectively in Q4FY25 compared to Q4FY24.
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