India revises GDP release calendar, annual and Q4 figures now due on June 7

The government has revised the annual release schedule for India’s provisional Gross Domestic Product (GDP) estimates and fourth-quarter GDP data, shifting it from the last working day of May to June 7 every year in a move aimed at improving the quality and robustness of national accounts data.

The decision, announced on Tuesday by the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI), will take effect from the GDP data release for financial year 2025-26.

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Under the revised timeline, the Provisional Estimates (PE) of GDP for FY26 and the quarterly GDP estimates for the January-March 2026 quarter will be released on June 5, 2026, since June 7 falls on a holiday weekend. The ministry said that in future, data will be published on June 7 or the previous working day if the date is a holiday.

The government said the change followed consultations with the Advisory Committee on National Accounts Statistics (ACNAS) and was intended to “further strengthen the data quality”.

According to the ministry, the revision became necessary because several critical datasets required for GDP compilation become available only after a lag of up to two months.

A key factor cited was the statutory timeline for listed companies to submit audited fourth-quarter and annual financial results. Companies are allowed up to 60 days from the end of the financial year to file audited numbers, resulting in many firms submitting financial statements close to the May 31 deadline.

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The ministry also pointed to delays in the availability of crucial Central government fiscal data for March, including revenue expenditure, capital expenditure, taxes, subsidies and interest payments, which are finalised only after about two months.

“These revisions form part of the continued efforts of the Ministry towards improving the quality, coverage and robustness of data used in national accounts compilation,” the statement said.

The government further added that the revised schedule is aligned with “prevailing international best practices” in national income accounting and statistical reporting.