Salil Parekh of IT giant Infosys has become the second-highest-paid CEO in India’s IT sector. Salil Parekh received a total salary of Rs 66.25 crore during 2023-2024. This information has been given in the company’s recent annual report.
Salil Parekh’s Salary Includes Rs 7 Crore Basic Pay
Salil Parekh’s annual salary of Rs 66.25 crore includes Rs 7 crore in basic pay, Rs 47 lakh in retirement benefits, Rs 7.47 crore in variable pay, and Rs 66.25 crore in bonus. Let us tell you that Infosys released the results of Q4FY24 on April 18. During the January-March quarter, the company’s net profit grew by about 30 per cent year-on-year to Rs 7,969 crore.
Who Is The Highest Paid CEO?
Let us tell you that among the highest-paid CEOs is the name of former Wipro chief Thierry Delaporte. During the financial year 2023-24, he received a salary of about Rs 166 crore. Let us tell you that Delaport resigned from Wipro on April 6. Later, Srinivas Palia was made the new CEO and MD by Wipro in his place. Palia will get around Rs 50 crore as salary and allowances during the financial year 2024-25.
Know How Much Salary The CEO Of TCS Gets
Krithivasan, CEO and MD of Tata Consultancy Services (TCS), received a total salary of Rs 25.36 crore during the financial year 2023-24. This is very little compared to the salaries of CEOs of other big IT companies.
Infosys Will Give 28 Rupees Dividend
After its quarterly results, Infosys also announced a final dividend of Rs 20 per share and a one-time dividend of Rs 8 per share to the shareholders. The company’s revenue from operations in the fourth quarter increased by 1 per cent to Rs 37,923 crore, compared to Rs 37,441 crore in the same quarter last year.
