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How fast are financial, real estate and professional services growing?

12.1%

Q1 2026-27▼ 0.2 vs Q4 2025-26

MoSPI · released 31 Aug 2026 · next due by 30 Nov 2026

How fast are financial, real estate and professional services growing?
Period	Value (%)
Q1 2026-27	12.1
Q4 2025-26	12.3
Q3 2025-26	10.9
Q2 2025-26	9.9
Q1 2025-26	8.8
Q4 2024-25	7.7
Q3 2024-25	9.7
Q2 2024-25	10.0
Q1 2024-25	8.5
Q4 2023-24	8.9
Q3 2023-24	6.8
Q2 2023-24	3.7
Q1 2023-24	7.1

Use in your answer

India's financial, real estate and professional services grew 12.1% in real terms (GVA) in Q1 2026-27, compared with 12.3% in Q4 2025-26. Source: MoSPI, Quarterly Estimates of GDP (base 2022-23).

Cite as: Quarterly Estimates of GDP (National Accounts Statistics) (NSO, MoSPI), Q1 2026-27

What this shows

This group grew 12.1% in real terms in Q1 (April–June) 2026-27, up from 8.8% a year earlier; MoSPI named it the main driver of 10.0% tertiary-sector growth that quarter.
It is the largest single block of GVA in the quarterly accounts: ₹20.17 lakh crore of ₹73.82 lakh crore real GVA in Q1 2026-27 (press note, Statement 1).
Growth has been in double digits for three quarters running (Q3 2025-26 to Q1 2026-27), up from a low of 3.7% in Q2 2023-24.

Cite this

Quarterly Estimates of GDP (National Accounts Statistics) (NSO, MoSPI), Q1 2026-27

Cite a fixed version from every published version below.

Source and method

Source: MoSPI, Quarterly Estimates of GDP (base 2022-23)
Table: GVA at basic prices, 3.2 Financial, Real Estate, Ownership of dwelling, IT & Professional Services: press note Q1 2026-27, Statement 1; NAS 2026 Statement 8.18.1
Released: 31 Aug 2026
Retrieved: 18 Oct 2026
Next due: by 30 Nov 2026
Processing: Copied as published.
Licence: GODL-India

What exactly is measured

Year-on-year growth in real gross value added by financial services, real estate, ownership of dwellings, IT and professional services, by quarter of the financial year, at constant 2022-23 prices. The latest quarter is a first estimate.

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Exam facts

Published by: National Statistics Office (NSO), Ministry of Statistics and Programme Implementation
Survey / report: Quarterly Estimates of GDP (National Accounts Statistics)
Base year: 2022-23
Frequency: Quarterly, about two months after the quarter ends (Q1 = April–June)
Measures: Year-on-year growth of real gross value added in financial services, real estate, ownership of dwellings, IT and professional services, at constant 2022-23 prices
Syllabus: GS-III · Economy

The new national accounts series with base year 2022-23 was released on 27 February 2026, replacing the 2011-12 base; growth rates from the two series are not comparable.
Quarterly estimates use the benchmark-indicator method: the previous year's estimates are extrapolated with indicators of each sector's performance (MoSPI press note, Q1 2026-27).
On 31 August 2026 MoSPI updated every quarter from Q1 2022-23 to Q4 2025-26 with the new Output Producer Price Index and the IIP on base 2022-23.

History: every published version

Each time the source changes this series we archive the full series as it stood, with an archived copy of the source, and never delete an old version. Each version has a permanent page you can cite. Recorded since 18 Oct 2026: 1 version.

No figure in this series has been revised since we began recording on 18 Oct 2026.

18 Oct 2026, 21:03 IST13 periods, latest Q1 2026-27: 12.1% · first snapshotArchived source69fd3b8075fb

Release notes (1)

Aug 202612.1%Q1 2026-27, first estimate

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R: read.csv("https://india.tf/c/eco-finre-030/data.csv")

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