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TCS CEO Salary Rises to ₹28 Crore
New Delhi: India’s largest IT services company, Tata Consultancy Services (TCS), reported a decline of more than 23,000 employees in FY26 even as chief executive officer and managing director K Krithivasan received a 6 per cent increase in annual remuneration.
According to the company’s latest annual report, Krithivasan earned a total compensation of ₹28.1 crore during FY26 compared with ₹26.5 crore in the previous financial year.
Krithivasan’s remuneration package included ₹1.67 crore as salary, ₹1.43 crore under benefits, perquisites and allowances, and ₹25 crore as commission. The report stated that his total compensation was 332.8 times the median salary of TCS employees.
The company also disclosed compensation details of chief operating officer Aarthi Subramanian, who earned ₹18.3 crore in FY26. Her package comprised ₹1.5 crore in salary, ₹1.83 crore in benefits and allowances, and ₹15 crore in commission.
TCS said executive remuneration remained aligned with broader employee salary revisions and prevailing market trends across countries. The company noted that junior and mid-level employees in India received annual increments between 4.5 and 7 percent, while top performers were given double-digit salary hikes. Overseas employees received wage increases ranging from 1 to 6 percent.
TCS ended FY26 with a workforce of 584,519 employees, down from 607,979 employees recorded at the end of FY25. The decline of 23,460 employees has drawn attention amid ongoing restructuring efforts across the global technology sector.
The company clarified that the overall reduction should not be viewed solely as layoffs, as normal attrition and employee movement also contributed to the lower headcount.
Earlier, TCS had indicated that nearly 2 percent of its global workforce, or around 12,000 employees, were affected as part of restructuring and workforce optimisation initiatives, largely impacting middle and senior management roles.
In his letter to shareholders, Krithivasan described the current global business environment as increasingly complex due to macroeconomic uncertainty and geopolitical tensions.
He said FY26 marked a major turning point for enterprise artificial intelligence adoption, with businesses moving from experimental AI projects to large-scale deployment. TCS added that its restructuring efforts were aimed at building a future-ready organisation focused on artificial intelligence, new technologies and changing project deployment models.
