Till date the government has already announced GDP data for the Mar-21 and the Sep-21 quarters. On 07th January 2022, the National Statistical Office, MOSPI, released its first advance estimates (AE) of GDP for the financial year 2021-22. The second advance estimate will be released on 28-Feb along with the Dec-21 quarter GDP numbers, which will be closer to the real GDP picture.
The Dec-21 quarter is likely to face pressure on two fronts. Firstly, the input costs in many sectors have stabilized but hardly abated. Secondly, bond yields have shot up by 35-40 bps during the Dec-21 quarter and that has pushed up cost of funds. That is also likely to put pressure on the bottom line.

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