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Tata Consultancy Services (TCS) paid its Chief Executive Officer and Managing Director, K. Krithivasan, a total remuneration of about Rs 28.11 crore during the financial year ended March 31, 2026, according to the company’s annual report.
The report stated that Krithivasan received a salary of Rs 1.67 crore, along with benefits, perquisites and allowances worth Rs 1.44 crore. He also received a commission of Rs 25 crore during FY26. The company clarified that he did not receive any employee stock purchase scheme benefits during the year.
TCS further said that Krithivasan’s remuneration during FY26 was 332.8 times the median remuneration of employees of the company.
The company also noted that the CEO received a 6.3 per cent increase in remuneration during the fiscal year.
TCS paid Executive Director and President Aarthi Subramanian a total remuneration of around Rs 18.34 crore during FY26. Her remuneration package included a salary of Rs 1.51 crore, benefits and allowances amounting to Rs 1.83 crore, and commission of Rs 15 crore.
The annual report stated that Aarthi Subramanian was appointed as Whole-time Director, designated as Executive Director-President and Chief Operating Officer with effect from May 1, 2025.
The company said her remuneration ratio to median employee pay was not comparable because she served as executive director only for part of the financial year. Before taking over the executive role, she also served as a non-executive director and received sitting fees of Rs 60,000.
According to the annual report, the remuneration of Chief Financial Officer Samir Seksaria stood at 90.6 times the median remuneration of employees during FY26.
Company Secretary Yashaswin Sheth’s remuneration was 23.4 times the median employee remuneration. The company stated that its remuneration policy links variable pay to organisational performance, individual performance and employee utilisation.
TCS also affirmed that the remuneration paid during the year was in accordance with the company’s remuneration policy.
Among the non-executive directors, Keki M Mistry received the highest commission of Rs 3 crore during FY26. He also received sitting fees of Rs 7.2 lakh.
Dr Pradeep Kumar Khosla, Hanne Sorensen, Al-Noor Ramji and Sanjay V Bhandarkar each received a commission of Rs 2.7 crore. The sitting fees paid to non-executive directors ranged between Rs 5.1 lakh and Rs 7.2 lakh.
Al-Noor Ramji received sitting fees of Rs 6 lakh, while Hanne Sorensen received Rs 5.4 lakh. Dr Pradeep Kumar Khosla was paid sitting fees of Rs 5.1 lakh.
The total commission paid to non-executive directors during FY26 stood at Rs 13.8 crore, while the total sitting fees paid amounted to Rs 35.7 lakh.
TCS Chairman N Chandrasekaran did not receive any commission from the company during FY26, the annual report stated. He was paid sitting fees of Rs 4.2 lakh.
The company said Chandrasekaran abstained from receiving commission as part of the company policy. As a result, the remuneration ratio of the chairman to the median employee remuneration was not stated in the report.
| Name | Designation | Salary (Rs crore) | Benefits/Allowances (Rs crore) | Commission (Rs crore) | Sitting Fees | Total Remuneration (Rs crore) |
|---|---|---|---|---|---|---|
| K Krithivasan | CEO & MD | 1.67 | 1.44 | 25.00 | — | 28.11 |
| Aarthi Subramanian | Executive Director-President & COO | 1.51 | 1.83 | 15.00 | Rs 0.6 lakh* | 18.34 |
| Keki M Mistry | Non-Executive Director | — | — | 3.00 | Rs 7.2 lakh | — |
| Dr Pradeep Kumar Khosla | Non-Executive Director | — | — | 2.70 | Rs 5.1 lakh | — |
| Hanne Sorensen | Non-Executive Director | — | — | 2.70 | Rs 5.4 lakh | — |
| Al-Noor Ramji | Non-Executive Director | — | — | 2.70 | Rs 6 lakh | — |
| Sanjay V Bhandarkar | Non-Executive Director | — | — | 2.70 | — | — |
| N Chandrasekaran | Chairman | — | — | Nil | Rs 4.2 lakh | — |
The annual report also disclosed the equity shareholding of senior executives and directors in the company. As of March 31, 2026, TCS Chairman N Chandrasekaran held 1,77,056 equity shares of the company. At the current market price of Rs 2,347.10 per share, the value of his holding is estimated at around Rs 41.56 crore.
CEO and Managing Director K Krithivasan held 11,232 shares of the company, valued at around Rs 2.64 crore. Aarthi Subramanian owned 5,600 shares worth nearly Rs 1.31 crore.
Non-executive director Keki M Mistry held 4,150 shares of TCS, including shares jointly held with a relative. At the prevailing market price, the value of the holding is estimated at around Rs 97.4 lakh. The company said it has not issued any convertible instruments.
TCS said the percentage increase in the median remuneration of employees during FY26 stood at 5.1 per cent. The company had 5,84,519 permanent employees on its rolls during the year.
According to TCS, the average annual salary increase for junior and mid-level employees in India ranged between 4.5 per cent and 7 per cent. Top performers received double-digit increments.
The company said the total compensation increase during the year ranged between 5 per cent and 8 per cent after including promotions and other revisions. For employees outside India, salary hikes ranged between 1.5 per cent and 6 per cent in line with market trends in respective countries.