₹28-crore pay packet for TCS CEO Krithivasan in FY26

₹28-crore pay packet for TCS CEO Krithivasan in FY26
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Tata Consultancy Services chief executive and managing director K Krithivasan received total remuneration of ₹28.1 crore in FY26, a 6 percent increase from ₹26.5 crore a year earlier, according to the company’s annual report.

The salary hike comes at a time when India’s largest IT services company is facing scrutiny over workforce reduction, restructuring and the growing impact of artificial intelligence on jobs.

Key highlights

  • TCS CEO K Krithivasan’s remuneration rose 6 percent to ₹28.1 crore in FY26

  • TCS workforce declined by 23,460 employees year-on-year

  • Employee count fell from 6,07,979 in FY25 to 5,84,519 in FY26

  • CEO pay was 332.8 times the median salary of employees

  • TCS says AI-led restructuring and workforce realignment drove the changes

Breakdown of CEO compensation

Krithivasan’s compensation package included:

  • ₹1.67 crore as salary

  • ₹1.43 crore in benefits, perquisites and allowances

  • ₹25 crore as commission

Chief operating officer Aarthi Subramanian earned ₹18.3 crore during FY26. Her remuneration included:

  • ₹1.5 crore as salary

  • ₹1.83 crore in benefits and allowances

  • ₹15 crore as commission

Salary hikes across TCS

The company said executive pay revisions were broadly aligned with employee salary hikes across geographies.

In India

  • Junior and mid-level employees received hikes of 4.5-7 percent

  • Top performers received double-digit increments

Outside India

  • Employees received wage hikes in the range of 1-6 percent

TCS said variable pay remained linked to organisational and individual performance, while compensation revisions reflected market trends in different countries.

Workforce reduction

The decline in workforce comes amid restructuring and workforce realignment measures undertaken over the past year.

TCS said the exercise was aimed at creating a “future-ready organisation” with increased focus on:

  • Artificial intelligence

  • Emerging technologies

  • New deployment models across projects and teams

The company had earlier indicated that nearly 12,000 employees — around 2 percent of its global workforce — were impacted by restructuring and optimisation measures, mainly in middle and senior management roles.

According to reports, TCS clarified that the overall drop in headcount should not be interpreted entirely as layoffs, as attrition and normal employee movement also contributed to the decline.

AI reshaping IT industry

Krithivasan, who took over as TCS chief executive in 2023, said the technology services industry was operating in an increasingly complex macroeconomic and geopolitical environment.

In his letter to shareholders, he described FY26 as an “inflection point” for enterprise AI adoption, with companies increasingly moving from experimentation to large-scale deployment of artificial intelligence despite continued global uncertainty.

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