Indian IT CEOs' pay in FY25: HCLTech's C Vijayakumar tops the list
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C Vijayakumar, CEO of HCLTech, has become the highest-paid executive in India's IT sector, earning over $10 million in financial year 2024-25 (FY25). His pay reached $10.85 million (approximately Rs 94.6 crore), rising from $10.06 million (around Rs 84.17 crore) the previous year.In addition, HCLTech's board has also approved a remarkable increase of more than 71% in his remuneration, raising it to $18.6 million (about Rs 154 crore) for the next financial year, according to the company's annual report.Other leaders in the Indian IT industry have also seen their salaries rise this year, despite challenges such as economic uncertainty and a slowdown in tech spending.CEO Salil Parekh earned Rs 80.6 crore in FY25 , marking a notable 22% increase from Rs 66.2 crore the previous year.CEO K Krithivasan's pay grew by 4% to Rs 26.5 crore in FY25, from Rs 25.3 crore in FY24.Srinivas Pallia, who became CEO in April last year, earned Rs 53.6 crore. However, as this is his first year in the role, there is no previous figure for comparison, the company's annual report noted.CEO Mohit Joshi received Rs 53.9 crore in FY25 . Since Joshi joined mid-year on 19th June 2023, a comparison with the previous year's pay isn't available, said the company's annual report.Last year, former Wipro CEO Thierry Delaporte was the highest-paid IT chief in the country, with earnings of Rs 166 crore in FY24. At the time, Vijayakumar ranked second, taking home Rs 84.17 crore.
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