Search

Cookies

We use cookies to improve your experience. By continuing, you accept our use of cookies.

Business

TCS CEO K Krithivasan's Salary Jumps to ₹28.1 Crore Amidst 23,000 Job Cuts

· · 2 min read

Tata Consultancy Services CEO K Krithivasan received an annual salary of ₹28.1 crore in FY26, a 6.3% increase from the previous year. This pay raise occurred despite the company's workforce reduction of 23,460 employees.

Tata Consultancy Services (TCS) CEO K Krithivasan saw his total annual compensation rise to ₹28.1 crore in the fiscal year 2026, marking a 6.3 percent increase from the ₹26.52 crore he earned in the prior year. This increment comes as the IT giant reduced its global workforce by 23,460 employees during the same period.

Krithivasan's Compensation Breakdown

According to TCS's annual report, Krithivasan's ₹28.1 crore package for FY26 included ₹1.67 crore in base salary, ₹1.43 crore in benefits, perquisites, and allowances, and a substantial ₹25 crore in commission. His annual remuneration is reported to be 332.8 times the median salary of TCS employees.

Workforce Reduction Context

The significant salary hike for the TCS CEO contrasts with a notable decrease in the company's employee count. TCS ended FY26 with 5.84 lakh employees, down from 6.07 lakh in the previous fiscal year. This reduction of 23,460 individuals reflects a strategic adjustment in the company's staffing.

Other Executive Salaries and Company Rationale

TCS Chief Operating Officer (COO) Aarthi Subramanian also received a substantial compensation package, totaling ₹18.3 crore in FY26. Her pay comprised ₹1.5 crore in base salary, ₹1.83 crore in benefits, and ₹15 crore in commission.

The company stated that the executive salary revisions were in line with broader employee salary adjustments across geographies. Junior and mid-level employees in India reportedly received annual increments between 4.5-7 percent, with top performers earning double-digit hikes. Tata Group and TCS Chairman N Chandrasekaran, however, abstained from receiving any commission, drawing only ₹4.2 lakh in sitting fees for FY26.

“The increase in remuneration is in line with the market trends in the respective countries. To ensure that remuneration reflects the Company’s performance, the variable pay is also linked to organisation performance and individual utilisation in addition to individual performance,” the company's annual report noted.

Financial Performance Highlights

Despite the workforce adjustments, TCS reported strong financial results. In the March quarter of FY26, the company's net profit jumped by 12.22 percent to ₹13,718 crore. For the full fiscal year 2025-26, profit after tax increased by 1.35 percent to ₹49,210 crore, up from ₹48,553 crore in FY25. Revenue from operations also saw growth, rising 9.64 percent to ₹70,698 crore in Q4 FY26 and by 4.58 percent for the full FY26 to ₹2.67 lakh crore.

Related