Infosys Chief Executive Officer (CEO) Salil Parekh’s annual compensation increased by 22 percent to Rs 80.6 crore for fiscal year 2025, the company’s annual report showed.
The increase in FY25 was primarily because Parekh exercised higher restricted stock units (RSUs) - a form of equity compensation - during the year, according to the annual report.
Parekh’s FY23 compensation had declined to Rs 56 crore from Rs 71 crore in FY22.
For FY25, Infosys’ chief’s pay is higher than that of his counterparts at Tata Consultancy Services (TCS) and Wipro. India’s largest software exporter TCS’ CEO and MD K Krithivasan’s salary had inched up by 4.6 percent to Rs 26.5 crore in FY25, while Wipro CEO and Managing Director Srinivas Pallia's paycheck increased by 10 percent to $6.2 million, or about Rs 53.6 crore during the last fiscal.
Salary Split
The Bengaluru-based IT services firm’s CEO earned Rs 49.5 crore by exercising stock options as against Rs 39 crore in the same period of last fiscal, and Rs 7.5 crore as base pay, which is similar to a fiscal year ago, while Rs 50 lakh as retiral benefits. His variable pay went up to Rs 23.2 crore in FY25 from Rs 19.8 crore in FY24.
Infosys offers RSUs based on two plans. In its 2015 plan, the stocks are vested largely based on time, and in the 2019 plan, the benefit is based on performance indicators, including total shareholder returns and operating metrics.
Parekh made 752 times the median remuneration - Rs 10.72 lakh - of the company’s employees. In his letter to shareholders, Parekh said Infosys is the leader in AI, cloud, data, and digital for clients.
“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,” he said.
Parekh added that the company recruited 15,000 college graduates in the year and ended the year with over 3,20,000 employees.
On April 17, 2025, the IT giant had declared employee stock option plans (ESOPs) worth about Rs 50 crore to Parekh in FY25.
This grant includes annual performance-based stock incentives, under various performance plans such as equity and ESG grants, in the form of RSU.
Market Environment
The jump in salary comes at a time when the company has let go of hundreds of trainees from its Mysuru campus, has faced variable pay cuts, and has faced increased uncertainty in the market.
In his letter to shareholders, Parekh said the company values the enormous contribution of its over 3,20,000 employees for making clients successful. "Their dedication and continued pursuit of excellence have enabled sustained value creation for our clients."
He further added that FY25 was another year of strong execution for Infosys.
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