HCLTech CEO C Vijayakumar, who hails from Coimbatore but lives in New Jersey, became the highest-paid Indian IT CEO recently, outpacing leaders at TCS, Infosys, Wipro.
From stock rewards to mega salaries, a look at the highest-paid leaders in India's IT sector for FY25.
Note: All figures come from company annual reports and official filings submitted to SEBI and stock exchanges.
C Vijayakumar, CEO, HCLTech
Compensation: Rs 94.6 crore
Major Component: RSUs worth $6.96 million exercised during the year
Core (Base + Bonus): $3.69 million (about Rs 32 crore)
K Krithivasan, CEO, TCS
Compensation: Rs 26.52 crore
Major Component: Commission of Rs 23 crore (performance-based)
Core (Cash + Fixed Pay): Base Salary of Rs 1.39 crore; Benefits, Perquisites & Allowances: Rs2.13 crore
Nitin Rakesh, CEO, Mphasis
Compensation: Rs 44.13 crore
Major Component: Approximately 72% categorised as 'Other' (includes equity-based compensation, bonuses, stock options)
Core (Cash + Fixed Pay): Rs 12.4 crore
Srinivas Pallia, CEO & MD, Wipro
Compensation: Rs 53.64 crore
Major Component: RSUs and other performance-linked equity
Core (Base Salary + Allowances): $1.7 million in salary and allowances
Salil Parekh, CEO, Infosys
Compensation: Rs 80.62 crore
Major Component: Stock incentives and performance-based compensation
Core (Fixed Pay): Rs 8 crore
Sudhir Singh, CEO, Coforge
Compensation: Rs 105.12 crore
Major Component: Over 209% came from stock options worth over Rs 88.55 crore
Sandeep Kalra, CEO, Persistent Systems
Compensation: Rs 148 Crore
Major Component: ~90% came from stock options exercised during the fiscal year
Core (Cash + Fixed Pay): Rs 15.62 crore; rest largely from stock-related vesting.