TCS-Infosys CEOs also lag behind! HCLTech CEO received a package of ₹175 crore in FY26
HCLTech CEO C Vijayakumar's pay package increased 66.9% to ₹175 crore in the 2025-26 fiscal year, largely driven by long-term incentives and stock options. This makes him the highest-paid CEO in the Indian IT sector.
HCLTech Chief Executive Officer and Managing Director C Vijayakumar received a total salary of USD 18.13 million (approximately Rs 175 crore) for the 2025-26 fiscal year, a 66.9 percent increase from the previous year,
according to the company's annual report. Vijayakumar, who is based in the US and draws his salary from its wholly-owned subsidiary, HCL America Inc., received the salary increase primarily due to long-term incentives and stock options.
FY26 package in the report
According to the annual report, his pay package for FY26 included a base salary of USD 2.48 million, a performance-linked bonus of USD 2 million, and benefits and perquisites worth USD 0.31 million.
The majority of his salary came from a long-term incentive (LTI) cash component of USD 3.94 million and the perquisite value of restricted stock units (RSUs) exercised during the year,
which amounted to USD 9.40 million. The report states that without considering the LTI payment and the perquisite value of the RSUs, the CEO's salary increased by 22.86 percent.
What is the salary of the CEO of TCS-Infosys?
Vijaykumar's salary puts him at the top among his peers in the Indian IT sector, with Tata Consultancy Services (TCS) CEO and MD K Krithivasan receiving a total salary of Rs 28 crore in 2025-26, a 6.3 per cent increase from the previous year.
Infosys' Salil Parekh received a total salary of Rs 82.60 crore in FY 2025-26, a 2 per cent increase from the previous year, while Wipro's Srinivas Palliya received a total salary of USD 5.29 million (approximately Rs 49.64 crore).
Meanwhile, the annual report revealed that Vijaykumar's salary was 291.9 times the median salary of HCLTech's global workforce. The median salary of HCLTech employees increased by 5.4 percent during the financial year.
As of March 31, the company had 170,811 permanent employees. In addition, its subsidiaries had 56,370 employees.
In FY26, HCLTech reported a net profit of ₹16,642 crore, a 4.30 percent decrease from ₹17,390 crore in FY25. Revenue for FY26 increased by 11.18 percent to ₹130,144 crore.