Mumbai, June 27 -- After three deficit quarters, India reported a current account surplus for the January-March period, but is expected to slip back into a deficit in the ongoing first financial quarter of 2025-26.

India recorded a current account surplus of 1.3% of gross domestic product for the fourth quarter of FY25, as against a deficit of 1.1% for the October-December quarter, data released by the Reserve Bank of India on Friday showed.

The surplus improved to $13.5 billion in the latest March quarter from a surplus of $4.6 billion in the same period last year. In the December quarter, India recorded a current account deficit of $11.3 billion.

The current account measures the flow of goods, services and investments into and out of...