Synopsis
Infosys CEO Salil Parekh led the pack among top Indian IT executives in FY26, earning Rs 82.6 crore. Tech Mahindra's Mohit Joshi followed with Rs 67.55 crore. Wipro's Srinivas Pallia saw a pay dip, while TCS's K Krithivasan earned over Rs 28 crore. LTM's Venugopal Lambu also featured prominently for his partial year's tenure.Listen to this article in summarized format
Parekh’s compensation comprised Rs 8.5 crore in fixed salary, Rs 23.35 crore in variable pay, and Rs 50.75 crore in gains from exercised stock options and restricted stock units.
Infosys’ annual report showed Parekh’s package was 742 times the median remuneration, including exercised stock incentives. Excluding stock incentives, it was 289 times.
Tech Mahindra CEO and managing director Mohit Joshi came in second, with his pay surging 11.76% to Rs 67.55 crore for the year (including exercise of stock options), according to the company's annual report. He also saw the steepest increase among the top five CEOs.
Wipro managing director and CEO Srinivas Pallia ranked third, though he was the only one of the lot to see his pay decline. Pallia’s salary and other compensation fell to $5.29 million (about Rs 49 crore) in fiscal 2026 from about $6.2 million the year before, per the company’s filings with US regulators.
Wipro executive chairman Rishad A Premji received $773,213 (about Rs 7.3 crore) as his annual remuneration. Premji’s package included salary, commission, and long-term incentives.
TCS CEO K Krithivasan earned more than Rs 28 crore in FY26, a 6.3% rise from the previous year. His pay was 332.8 times the median employee remuneration at the company, the annual report noted.
Rounding out the list is LTM’s Venugopal Lambu, who took over as CEO and managing director on May 31, 2025. For his 10-month stint in FY26, Lambu drew a compensation of Rs 27.26 crore. This comprises of Rs 12 crore in fixed pay and Rs 11.98 crore in variable compensation (including Rs. 3.26 crore from stock options).
In contrast, former CEO Debashis Chatterjee, who served for just two months in FY26 before retiring on May 30, 2025, took home a total remuneration of Rs 15.75 crore. The bulk of this — Rs. 12.18 crore — came from the exercise of stock options. His fixed and variable pay made up the rest.
