HCM & HRIS

HCLTech CEO C Vijayakumars remuneration jumps 67% to Rs 175 crore in FY26

August 5, 2026
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  • Updated On Jul 21, 2026 at 07:58 AM IST

According to the annual report, his pay package for FY26 included a base salary of USD 2.48 million, a performance-linked bonus of USD 2 million, and benefits and perquisites amounting to USD 0.31 million. />New Delhi: HCLTech Chief Executive Officer and Managing Director C Vijayakumar drew a total remuneration of USD 18.13 million (about Rs 175 crore) in the financial year 2025-26, marking a steep increase of nearly 66.9 per cent over the previous year, according to the company’s annual report.<br><br><!– PROMOSLOT_M –>Vijayakumar, who is based in the US and draws his salary from the step-down wholly owned subsidiary HCL America Inc., saw his compensation jump primarily due to <a id=” captionrendered=”1″ data-src=”https://etimg.etb2bimg.com/photo/132523867.cms” height=”442″ href=”http://hr.economictimes.indiatimes.com/tag/long-term+incentives+and+stock+options” keywordseo=”long-term-incentives-and-stock-options” loading=”eager” source=”keywords” src=”https://hr.economictimes.indiatimes.com/images/default.jpg” type=”General” weightage=”20″ width=”590″></img>long-term incentives and stock options.</p> <p>According to the annual report, his pay package for FY26 included a base salary of USD 2.48 million, a performance-linked bonus of USD 2 million, and benefits and perquisites amounting to USD 0.31 million.</p> <p>The bulk of his remuneration came from a long-term incentive (LTI) cash component of USD 3.94 million and the perquisite value of Restricted Stock Units (RSUs) exercised during the year, which stood at USD 9.40 million.</p> <p>The report noted that without considering the LTI payment and the perquisite value of RSUs, the increase in the CEO’s remuneration would have been 22.86 per cent.</p> <p>Vijayakumar’s compensation places him at the top of his peers in the Indian IT sector. Tata Consultancy Services (TCS) CEO and MD K Krithivasan took home a total remuneration of Rs 28 crore in 2025-26, an increase of 6.3 per cent over the previous year.</p> <p>Infosys’s Salil Parekh drew a total remuneration of Rs 82.60 crore in FY 2025-26, marking a 2 per cent increase from the preceding year, while Wipro’s Srinivas Pallia drew a total remuneration of USD 5.29 million (approximately Rs 49.64 crore).</p> <p>Meanwhile, the annual report revealed that Vijayakumar’s remuneration was 291.9 times the median remuneration of HCLTech’s global workforce.</p> <p>The median remuneration of HCLTech employees witnessed an increase of 5.4 per cent during the fiscal year.</p> <p>As of March 31, there were 170,811 permanent employees on the rolls of the company. In addition, there were 56,370 employees in its subsidiaries.</p> <p>For FY26, HCLTech recorded a net profit of Rs 16,642 crore, reflecting a 4.30 per cent decline from Rs 17,390 crore in FY25. FY26 revenue stood 11.18 per cent higher at Rs 130,144 crore. PTI </p> <div> <div> <ul> <li><a href=PTI

  • Published On Jul 21, 2026 at 01:22 AM IST

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