Q3 GDP Data Release Today: Check Date, Time and Key Details

Q3 GDP Data: India's third-quarter Gross Domestic Product (GDP) Data is set to be released on Friday, February 27. The economic growth data for the quarter will be released in the evening alongside a new GDP series that shifts the base year from 2011-12 to 2022-23.

GDP Data Release Time

India's Q3 GDP data is set to be released at 4 pm on Friday. India's GDP growth for the third quarter is likely to remain at 8.3%, with momentum helped by activity after the Goods and Services Tax rate cut.

India's Q3FY26 GDP Likely To Be 8.3%

India's GDP growth for the third quarter of FY26 is likely to remain at 8.3% despite the adverse base effect, according to a report by the Union Bank of India.

The Union Bank of India report stressed that the upcoming figures could show a clear jump from the previous year, stating "GDP data for Q3 FY26, due on 27th February, likely clocked 8.3%, sharply higher from the same period previous year (Q3 FY25: 6.4 per cent)", indicating solid real GDP growth despite the base effect.

Beyond headline GDP growth, the report assessed Gross Value Added performance, estimating that GVA growth in Q3 FY26 probably improved to 8.0 per cent compared with 6.5 per cent in Q3 FY25, although the pace may be just below the 8.1 per cent expansion recorded in Q2, implying broadly steady underlying activity.

Nominal GDP growth, GDP growth deflator and inflation

While real GDP growth appears firm, the bank flagged a further easing in nominal GDP growth to an estimated 8.5 per cent in Q3 FY26, down from 8.7 per cent in Q2 and 10.3 per cent in Q3 FY25, linking this slowdown mainly to a weaker GDP deflator due to softer inflation readings during the quarter.

New Base Year Impact Remains Uncertain

The report underlined that the Union Bank of India underlined that all its GDP growth projections rely on the existing base year, and the impact of shifting the base to 2022-23 on level and growth estimates remain uncertain.

In the long-term, Indian economy's growth remains resilient, as per the report. It also noted that the incoming data for FY27 signal continued momentum in GDP growth, yet it also stressed that full-year projections for FY26 and FY27 will have to be reassessed once the Ministry of Statistics and Programme Implementation releases the revised series.