India's GDP grows 7.4% in Q4 FY25, highest in 4 quarters; full-year growth at 6.5%.

The GDP growth touched a four-quarter high of 7.4 percent in the last and final quarter of FY25, with full-year growth ending at 6.5 percent, as investment demand, helped by public spending, lifted the economy, according to data released by the government on May 30.The Q4 growth print partly reflects the back loaded spending effect of the government, both centre and states, led more by public capex spending. As a whole the growth has been in line with the government estimates, with capital formation staying broadly steady," said Madhavi Arora, chief economist, Emkay Global.

The Friday print was higher than a Moneycontrol poll conducted earlier this week, which had pegged GDP growth at 6.9 percent for the January-March quarter, and 6.3 percent for FY25.