Infosys CEO Salil Parekh’s annual salary rises 22% to Rs 80.6 cr in FY25

Infosys CEO Salil Parekh’s annual compensation increased by 22 per cent to Rs 80.6 crore in FY25 with a significant share coming from exercise of stock options.

In its annual report for FY25, the company said that Parekh’s base salary was at Rs 7.5 crore, while retiral benefits stood at Rs 50 lakh. The CEO of the Bengaluru-headquartered company drew a variable pay of Rs 23.2 crore, compared to Rs 19.8 crore drawn in the previous fiscal year. The increase in Parekh’s compensation came from exercise of RSUs (restricted stock units), which have been part of Infosys salary package to key management personnel.

The CEO’s salary was 725 times the company's median employee pay package of Rs 10.72 lakh, the annual report showed.

“With our deep expertise across AI, cloud, data, digital, and cost efficiency offerings, we are well-established as the preferred partner for large enterprises across the world,” Parekh said in the annual report.

As compared to Infosys, its larger peer TCS saw its CEO K Krithivasan took home a remuneration of Rs 26.52 crore in FY25.

Wipro, another leading IT services company, saw its CEO, Srinivas Pallia, took home $6.2 million (around Rs 53.6 crore) during the same period.

Notably, growth rates of Indian IT firms came down in the last financial year amid macroeconomic uncertainties in key client geographies. Moreover, overall headcount addition of Indian IT industry remained tepid during the last fiscal year.

Not withstanding these factors, leaders of Indian IT services firms have drawn sound salary compensations during FY25. Notably, the median gap in compensation between the CEO and employees is rising for most companies over the years.