TCS CEO Krithivasan's FY25 pay rises 4.6% to Rs 26.52 crore, nearly 330 times median salary paid to employees
NEW DELHI: K Krithivasan, TCS's chief executive and managing director, received a total remuneration of Rs 26.52 crore in FY25, marking a 4.6% increase from the previous year, according to the company's annual report released on Tuesday.
His pay was nearly 330 times the median salary of the company's 6.07 lakh employees.
The CEO's remuneration consisted of Rs 1.39 crore in salary, Rs 2.13 crore in benefits, perquisites and allowances, alongside a commission of Rs 23 crore.
The company's CFO, Samir Seksaria, received a 7.8 per cent increase in total remuneration during the period.
Employee remuneration increased between 5.5 to 7.5 per cent annually, considering promotions, with 1.1 lakh staff members advancing in their roles during the year.
High-performing employees within India received salary increases reaching double-digit percentages.
The report indicated that newly appointed president and COO Aarthi Subramanian will receive a monthly salary of Rs 10.8 lakh.
During technological transitions, the company's R&D expenditure decreased in both absolute terms and as a proportion of revenue.
R&D and innovation spending reduced to Rs 2,630 crore in FY25 from Rs 2,751 crore in FY24, representing 1 per cent of turnover compared to 1.1 per cent previously.
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by Taboola
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TCS leadership acknowledged global economic challenges from geopolitical and policy uncertainties while recognising opportunities for stability and growth.
"Clearer trade agreements and improved global cooperation could help regain momentum. However, risks like financial market volatility, demographic shifts, and fiscal constraints persist. Proactive policy responses and innovation-driven growth can help mitigate these pressures," it added.
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