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The allotment results for NSDL’s Rs 4,011.60-crore initial public offering

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Infosys CEO Salil Parekh’s pay jumps 21.6% to Rs 80.62 crore in FY25

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Infosys CEO Salil Parekh’s pay jumps 21.6% to Rs 80.62 crore in FY25
Salil Parekh (File photo from Infosys website)

Infosys CEO and managing director Salil Parekh received a total pay of Rs 80.62 crore in FY25, marking a 21.6 per cent increase from Rs 66.25 crore in the previous year, according to the company’s annual report.The report details that Parekh’s remuneration comprised a base salary of Rs 7.45 crore, retiral benefits worth Rs 0.49 crore, bonus and variable pay totaling Rs 23.18 crore, and perquisites valued at Rs 49.5 crore from exercised stock options.The significant jump in perquisites was driven by Parekh’s exercise of 3,06,276 Restricted Stock Units (RSUs) during the year.In comparison, Wipro CEO Srinivas Pallia earned $6.2 million (approximately Rs 53.64 crore) in FY25, while TCS CEO K Krithivasan received Rs 26.52 crore, according to a PTI report.Infosys Chairman Nandan M Nilekani continued to draw no remuneration for his services to the company, the annual report confirmed.On April 17, Infosys reported a net profit of Rs 26,713 crore for FY25, reflecting a modest 1.8 per cent increase from FY24. Revenue for the year rose by 6.06 per cent to Rs 1,62,990 crore, exceeding its FY25 guidance of 4.5 to 5 per cent. Meanwhile for the latest Q4 ending March 31, the firm reported a 11.7 per cent year-on-year drop in consolidated net profit for, which stood at Rs 7,033 crore. Despite the decline in quarterly profit, Infosys surpassed its full-year revenue guidance. The company had earlier revised its FY25 revenue growth outlook to 4.5-5 per cent, up from the previous range of 3.75-4.50 per cent, as per PTI report. Revenue for the quarter rose 7.9 per cent to Rs 40,925 crore, compared to Rs 37,923 crore in the same period a year ago.





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