Bengaluru-based IT giant Infosys has announced a 22% increase in the annual compensation of its CEO & MD, Salil Parekh, bringing his total earnings to Rs 80.6 crore for the financial year 2024-25 (FY25).
Breakdown of Salary Components
Parekh’s compensation includes:
- Base Salary: Rs 7.45 crore
- Bonus & Variable Pay: Rs 23.18 crore
- Stock Option Perquisites: Rs 49.5 crore
The significant rise in his earnings is primarily attributed to restricted stock units (RSUs), which Parekh exercised at a higher rate in FY25.
Comparison with Industry Peers
Parekh’s salary surpasses that of other top IT executives in India:
- TCS CEO K Krithivasan: Rs 26.5 crore (4.6% increase)
- Wipro CEO Srinivas Pallia: Rs 53.6 crore (10% increase)
Additionally, the median remuneration ratio of the CEO to Infosys employees has increased to 752 times, compared to 677 times in the previous fiscal year.
Infosys Financial Performance & Market Outlook
Despite the salary hike, Infosys reported a slight dip in net profit to $3.16 billion, compared to $3.17 billion in FY24. However, the company saw an improvement in operating profit, rising to $4.07 billion from $3.83 billion.
Infosys continues to focus on AI, cloud, and digital transformation, with Parekh emphasizing the company’s commitment to innovation and strategic growth.
Future Prospects
With a strong leadership team and a focus on emerging technologies, Infosys aims to strengthen its global presence and drive long-term profitability.
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