India's second richest person, Gautam Adani, drew THIS much pay in FY25 — see how he compares to peers
The FY25 remuneration of billionaire industrialist, Gautam Adani (62), who is the second richest person in India, was 'lower than most industry peers and his own key executives', according to a PTI report on June 8.
India's second richest person drew from two out of the nine listed companies from his conglomerate. Notably, Gautam Adani is worth $82.5 billion, according to the Bloomberg Billionaire Index, and is also ranked 20th on the publication's 'World's Richest List' for 2025.
Gautam Adani recieved a total remuneration of ₹ 10.41 crore in FY25 (fiscal year ended March 31, 2025), PTI reported citing the group companies' latest annual reports.
In FY25, Gautam Adani got: ₹ 2.54 crore — comprising of ₹ 2.26 crore salary and ₹ 28 lakh perquisites — from Adani Enterprises (AEL), besides
2.54 crore — comprising of 2.26 crore salary and 28 lakh perquisites — from Adani Enterprises (AEL), besides ₹ 7.87 crore — comprising of ₹ 1.8 crore salary and ₹ 6.07 crore commission — from Adani Ports and Special Economic Zone (Adani Ports or APSEZ).
This is 12 per cent more than the ₹ 9.26 crore total package he drew from AEL ( ₹ 2.46 crore) and Adani Ports ( ₹ 6.8 crore) in the previous fiscal year (FY24), the report added.
Notably, just like other promoters, Gautam Adani also earns from dividends that the group companies may pay on earnings every year.
Reportedly, Gautam Adani's package is comparitively lower than most other peers or head of large family-owned conglomerates in India. Reliance Industries's Chairman Mukesh Ambani has not been taking pay since the COVID-19 pandemic in 2019. Prior to that he had capped his package at ₹ 15 crore.
15 crore. Bharti Airtel's head Sunil Bharti Mittal drew ₹ 32.27 crore in FY24 (as FY25 annual report yet to be released),
32.27 crore in FY24 (as FY25 annual report yet to be released), Bajaj Industries' Rajiv Bajaj got ₹ 53.75 crore in FY24 (as FY25 annual report yet to be released),
53.75 crore in FY24 (as FY25 annual report yet to be released), Hero Motocorp's Pawan Munjal saw ₹ 109 crore pay in FY24 (as FY25 annual report yet to be released),
109 crore pay in FY24 (as FY25 annual report yet to be released), Infamous for his 90-hour work week remark, L&T Chairman SN Subrahmanyan recieved ₹ 76.25 crore in FY25, and
76.25 crore in FY25, and Infosys CEO Salil S Parekh drew ₹ 80.62 crore in FY25.
Notably, these numbers do not include earning from dividends paid.
The report noted that the salary earned by Gautam Adani is also lower than at least a couple of chief executives of his group companies. AEL CEO Vinay Prakash got ₹ 69.34 crore — including ₹ 4 crore salary and ₹ 65.34 crore in perquisites, allowances and variable incentives 'for exceptional operational and financial performance in the mining services and integrated resources management business of the company'.
69.34 crore — including 4 crore salary and 65.34 crore in perquisites, allowances and variable incentives 'for exceptional operational and financial performance in the mining services and integrated resources management business of the company'. Renewable energy firm Adani Green Energy's (AGEL) MD Vneet S Jaain got ₹ 11.23 crore, while Group CFO Jugeshinder Singh earned ₹ 10.4 crore in FY25.
11.23 crore, while Group CFO Jugeshinder Singh earned 10.4 crore in FY25. Son Karan Adani received ₹ 7.09 crore from APSEZ, while the company CEO Ashwani Gupta earned ₹ 10.34 crore. Variable pay for FY25 in both Karan and Gupta's case will be disbursed in FY26, the annual report said.
7.09 crore from APSEZ, while the company CEO Ashwani Gupta earned 10.34 crore. Variable pay for FY25 in both Karan and Gupta's case will be disbursed in FY26, the annual report said. Younger brother, Rajesh earned ₹ 9.87 crore from AEL while his nephew Pranav got ₹ 7.45 crore. His other nephew Sagar took home ₹ 7.50 crore from AGEL.
9.87 crore from AEL while his nephew Pranav got 7.45 crore. His other nephew Sagar took home 7.50 crore from AGEL. City gas arm Adani Total Gas CEO Suresh P Manglani was paid ₹ 8.21 crore in remuneration for 2024-25 and Adani Energy Solutions CEO drew ₹ 14 crore salary.
8.21 crore in remuneration for 2024-25 and Adani Energy Solutions CEO drew 14 crore salary. Adani Power CEO SB Khayalia drew ₹ 9.16 crore salary in FY25.
(With inputs from PTI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
an hour ago
- The Hindu
More Rhodes scholarships to Oxford University for Indians from 2028
The Rhodes Scholarship Trust, which offers the prestigious scholarship for studying at the University of Oxford, is aiming to increase the number of scholarships for Indians from 2028, to align with the country's population strength, Richard Trainor, the trust's CEO, said. Mr. Trainor, who was in India ahead of the announcement of applications for the 2026 academic session, told PTI in an interview that six scholarships are presently offered to Indian candidates annually. "The priority now is to try to get some additional scholarships for places where the number of scholars per head of population could be higher, and India is one of those places. So, we have six scholarships a year for India, which is good, but there are a billion and a half people in this country, as you know, so there should be more scholarships," Mr. Trainor, who is also the interim warden of the Rhodes House, said. "We are trying to raise money for additional scholarships, because the trust needs to have that money in the endowment in order to pay the fees to the University of Oxford, and to pay the living expenses of the scholars," he said. The other regions on the trust's radar for increasing the number of scholarships are China, and Africa. At present, four scholarships are offered to candidates from China, and 21 scholarships are offered to candidates from Africa. "We would like to have some additional scholars in each of these three areas by the time of the 125th anniversary of the scholarship scheme, which is 2028. We are going to have a big push on fundraising between now and the 125th anniversary," Mr. Trainor said. Mr. Trainor, who himself was a Rhodes Scholar in 1970, says people often talk about the Rhodes Scholarship transforming their lives. '...it also transformed mine. I had barely been out of the United States at the time that I took up the scholarship and, you know, it broadened my view of the world and led to my becoming a historian of another country, and then making my career in another country, and so on,' he said. "So, and then having this series of academic leadership jobs which have been very international in scope. Scholarships was totally beyond my background and aspirations at that stage," he said. The Rhodes Scholarship is given to outstanding students to undertake two to three years of study, depending on the academic curriculum taken, at the University of Oxford. Students aged 18–23 years (up to 27 years in particular circumstances) are eligible to apply. The Rhodes Scholarship is among the world's pre-eminent and oldest graduate fellowships, based at the University of Oxford since 1903. Administered by the Rhodes Trust in Oxford, the programme awards 106 fully funded scholarships to students from anywhere in the world with proven academic excellence who also show exceptional character, leadership, achievement in extracurricular activities and a commitment to solving humanity's challenges. The applications for the 2026 session began on June 3 and are open till July 23. Noted Rhodes scholars from India include the late Olympian Ranjit Bhatia, the late playwright Girish Karnad, economist Montek Singh Ahluwalia, researcher and historian Mahesh Rangarajan, environmental law expert Lavanya Rajamani, among others.
The Hindu
an hour ago
- The Hindu
India will protect farmers' interest in U.S. trade talks: Shivraj Singh Chouhan
India will prioritise protecting its farmers' interests while assessing potential gains and losses in the ongoing trade negotiations with the U.S. over agricultural market access, Union Agriculture Minister Shivraj Singh Chouhan said. "Our priority is to protect the interest of our farmers. India will not work closing its eyes. We will assess our gains and losses. Keeping that in mind, an agreement will be finalised," Mr. Chouhan told the PTI in an interview. He was responding to a query on how India would safeguard farmers amid pressure from the U.S. for greater market access for American agricultural and horticultural products. The negotiators are expected to agree on the framework for the broad contours of the first phase of the bilateral deal, expected to be signed by fall (September-October) 2025. "The discussions are ongoing between India and the U.S. One thing is clear, we will protect the interest of our farmers. When we talk about two nations, we need to see the overall trade," the Minister added. According to a NITI Aayog report on 'Promoting India-U.S. Agricultural Trade under the new U.S. Trade Regime', the value for U.S. agriculture and allied product exports to India was about $2.22 billion in the triennium ending 2024. In the same period, India exported $5.75 billion worth of agricultural products to the U.S. India's main agricultural exports to the U.S. include frozen shrimp, basmati rice, spices, processed cereals, and other value-added products. The U.S. wants to export more agricultural products, including corn, soybeans, and animal feed, but faces high Indian tariffs, especially in agriculture, where average tariffs can reach up to 39% to 50%. Mr. Chouhan's comments come as India and the U.S. continue negotiations on expanding agricultural trade, with Washington seeking reduced tariffs and improved market access for its farm products in the Indian market. India is cautious about fully opening its agriculture and dairy markets due to concerns over the potential backlash from rural communities, and the need to protect domestic producers from global price volatility.
The Print
2 hours ago
- The Print
Punjab govt working for wellbeing of underprivileged sections, says CM Mann at loan waiver event
'For the first time in the history of Punjab, this reprieve is being extended to the underprivileged and weaker sections of society,' Mann said. Addressing a gathering after handing over loan waiver certificates to the beneficiaries here, Mann said the previous governments in the state waived loans of the affluent people but didn't bother about the welfare of the poor. Amritsar, Jun 8 (PTI) Punjab Chief Minister Bhagwant Mann on Sunday said his government is working untiringly for the wellbeing of the state's weaker and underprivileged sections. The loan waiver scheme worth Rs 67.84 crore has benefited around 4,800 families of loanees of the Punjab Scheduled Castes Land Development and Finance Corporation (PSCFC), the chief minister said. On June 3, the Punjab Cabinet gave its nod to waive loans amounting to Rs 67.84 crore taken by over 4,000 Dalit families from the PSCFC. Mann said the waiver covers all loans disbursed by the PSCFC up to March 31, 2020, offering significant relief to SC and Divyangjan (persons with disabilities) loanees. The move will benefit 4,727 loanees for an aggregate amount of Rs 67.84 crore. The scheme will cover all the loanees, including 4,685 defaulting loanees and 42 regular loanees, government sources said. Addressing the gathering, Mann said 'no due certificates' (NDCs) will be issued by the state government and the full amount of Rs 67.84 crore comprising principal, interest and penal interest calculated as of April 30, 2025, will be reimbursed to the PSCFC by the state government. The loanees who previously availed benefits under the earlier waiver schemes are also eligible for coverage under this initiative, Mann said. No recovery proceedings will be initiated against the loanees and their accounts will be considered fully settled as of the cut-off date, he added. According to the 2011 Census, Scheduled Castes constitute 31.94 per cent of Punjab's total population and many members of this community have availed loans from the PSCFC to set up self-employment ventures aimed at economic upliftment. However, Mann said some borrowers were unable to repay their loans due to circumstances beyond their control, leading to defaults. These families could not repay their loans due to circumstances such as demise of the main earning member, prolonged illness, or having no other source of income, etc. Recovering these loans from such people was unjust, so the state government has decided to waive them, the chief minister said. PTI JMS CHS ARI ARI This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
