This compares to 6.7% growth in the April-June quarter and 8.1% in the same period last year.
The official data will be released on November 29 at 4 pm, with expectations already leaning towards a weaker outcome.
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The Reserve Bank of India (RBI), which initially projected 7% GDP growth for the July-September quarter, also later revised it to 6.8%.
A key factor behind the slowdown is weak corporate earnings during the quarter. Analysts noted a modest 1-2% growth in Nifty earnings per share (EPS), reflecting a broader deceleration in manufacturing and electricity generation, both of which recorded low single-digit growth.
These sectors are likely to drag down overall economic performance.
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On a brighter note, the services sector continues to show strength, with robust growth in financial services, trade, hotels, and government services averaging 8.2%. However, this momentum has not been sufficient to offset stagnation in other areas.
Demand-side factors also contributed to the slowdown. Government capital expenditure fell short of expectations, and weak consumption further dampened GDP growth for the quarter.
Looking ahead, a CNBC-TV18 poll suggests a potential recovery in the third and fourth quarters, with average growth rates of 6.8% to 7%, pointing to a full-year estimate of around 6.8%.
In contrast, the RBI’s full-year growth forecast remains higher at 7.2%, with a half-year average of 7.4%, highlighting a disconnect between the central bank’s outlook and market expectations.
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