Tata Consultancy Services has raised Chief Executive Officer and Managing Director K Krithivasan’s annual remuneration to ₹28.1 crore for FY26, a 6.3% increase from the ₹26.5 crore paid in FY25, even as the company’s headcount declined by over 23,000 employees during the year.
The disclosure was made in TCS’s latest annual report. Krithivasan’s compensation package for FY26 included a basic salary of ₹1.67 crore, ₹1.43 crore in benefits, perquisites and allowances, and ₹25 crore as performance-linked commission. His pay ratio to median employee remuneration stood at 332.8.
The hike is Krithivasan’s third consecutive annual pay rise since he took charge as CEO in 2023. His compensation has moved from ₹25.36 crore in FY24 to ₹26.52 crore in FY25 and now to ₹28.1 crore in FY26.
The annual report showed TCS ended FY26 with 584,519 employees, down from 607,979 at the close of FY25, a net reduction of 23,460 employees. The workforce contraction marks one of the steepest annual declines in the company’s recent history and reflects a wider AI-led restructuring across Indian IT services. The company also disclosed that Chief Operating Officer Aarthi Subramanian earned ₹18.3 crore during FY26.
Krithivasan, who is completing three years at the helm, holds 11,232 equity shares in TCS as of March 31, 2026, according to the report.
