India's gross domestic product growth came in at 7.8% in the April-June period, according to the latest estimates released by the government's statistical office on Friday. This is the sharpest GDP growth in the last five quarters.In the fourth quarter of the last financial year, the GDP had grown by 7.4%, whereas the same stood at 6.5% in the first quarter of fiscal 2025. The GDP was estimated to grow by 6.7% during the quarter under review, according to economists polled by Bloomberg. GVA, excluding indirect tax and subsidies, rose 7.6% during the April-June period, compared to the estimate of 6.8% in the preceding quarter and 6.5% in the year-ago period. The GVA is considered a better metric for growth as it is not impacted by fluctuations in indirect tax collections and subsidy expenditure.(This is a developing story). Read more on Economy & Finance by NDTV Profit.