Mumbai, June 27 -- India's current account recorded a surplus of 1.3% of gross domestic product (GDP) in Q4 of FY25 compared with a deficit of 1.1% in the previous quarter, data released by the Reserve Bank of India on Friday showed.

The surplus stood at $13.5 billion in the March quarter compared with a surplus of $4.6 billion in the same period last year. In the December quarter, the current account deficit was $11.3 billion.

Analysts had estimated a surplus in the current account balance. India Ratings and Research (Ind-Ra) said in a note on 23 June that the current account balance is expected to be in a surplus after a gap of three quarters in Q4.

However, the current account deficit for FY25 narrowed to $23.3 billion, or 0.6% of G...