Infosys CEO Salil Parekh Gets 22% Pay Hike In FY25, Draws Rs 80.6 Crore
In the preceding financial year, Salil Parekh had drawn an annual pay of Rs 66.25 crore.
Infosys Chief Executive Officer Salil Parekh got a 22% salary hike in fiscal year 2024-25, bumping up his annual compensation to Rs 80.6 crore, according to the company’s annual report.
In the preceding financial year, Parekh had drawn an annual pay of Rs 66.25 crore.
In FY25, the ratio of remuneration to Median Remuneration of Employees (MRE) was 752, with 3,82,071 Restricted Stock Units (RSU) granted in the year.
Parekh’s remuneration includes Rs 49.5 crore pertaining to exercise of 3,06,276 RSUs under the 2015 plan and 39,141 RSUs under the 2019 plan during fiscal 2025.
Infosys Chairman Nandan M Nilekani chose not to receive any remuneration for his services rendered to the company.
Parekh, in his note to shareholders, said, “Our expertise across enterprise solutions, engineering services, cybersecurity, applications, infrastructure, and operations continues to drive value creation for our clients. We have continued our focus on cost efficiency, automation, lean, and delivering productivity improvements for our clients.”
With deep expertise across AI, cloud, data, digital, and cost efficiency offerings, Infosys is well-established as the preferred partner for large enterprises across the world, he added.
Infosys’ peer Tata Consultancy Services’ Chief Executive Officer K Krithivasan got a pay bump of 4.6% in FY25. With this, he drew Rs 26.5 crore for the year.
Wipro chief Srinivas Pallia got a 10% raise in FY25, as he drew Rs 53.64 crore.
In FY24, HCL Tech CEO C Vijayakumar got a 190% pay bump to Rs 84.17 crore, making him the highest-paid CEO in comparison to peers.
