Tata Consultancy Services CEO and Managing Director K Krithivasan received a total remuneration of Rs ₹28.1 million in FY26, a 6 percent increase ₹26.5 million a year earlier, according to the company’s annual report.
TCS ended FY26 with 584,519 employees compared to 607,979 employees at the end of FY25, showing a year-on-year reduction of 23,460 employees, according to the company’s annual reports and quarterly data.
Including Krithivasan’s compensation package ₹salary 1.67 million, ₹1.43 million in allowances, emoluments and allowances and ₹25 million on commission. His remuneration was 332.8 times the median salary of TCS employees.
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Chief Operating Officer Aarthi Subramanian earned a total compensation of Rs ₹18.3 crore in FY26, incl ₹1.5 million basic salary, ₹1.83 million in allowances, emoluments and allowances and ₹15 million in commissions, according to the company’s annual report.
The company said the pay increases were broadly in line with employee pay revisions across geographies. Junior and mid-level employees in India received annual increments in the range of 4.5-7 percent, while top performers received double-digit increases. Employees outside India received wage increases of 1 to 6 percent.
TCS said the pay increase is in line with market trends in the respective countries, adding that variable pay remains linked to organizational and individual performance.
Krithivasan, who will take over as CEO of TCS in 2023, has previously highlighted global macroeconomic uncertainty, geopolitical tensions and the rapid adoption of artificial intelligence as key factors shaping the technology services landscape.
Work force reductions, restructuring remain in focus
The decline in workforce comes amid a restructuring and reshuffle of the workforce undertaken by India’s largest IT services company in the past year.
The company said in a statement that the restructuring exercise was aimed at building a “future-ready organization” with an increased focus on artificial intelligence, new technologies and deployment changes across projects and teams.
TCS had previously said that around 2 percent of its global workforce, or nearly 12,000 employees, were affected as part of restructuring and workforce optimization measures, primarily in middle and senior management roles. This number was reported by several media outlets like TOI and Reuters citing information from the company.
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According to The Economic Times, TCS clarified that the entire decline in headcount should not be interpreted solely as layoffs, as attrition and general staff movements also contributed to the reduction.
In his letter to shareholders, Krithivasan described the current business environment as an “increasingly complex macroeconomic and geopolitical environment.” He also said that FY26 marked an “inflection point” for enterprise artificial intelligence (AI), with companies accelerating investment in AI-led transformational initiatives.
He added that businesses are increasingly moving from experimentation to large-scale adoption of AI, even as global clients remain cautious due to macroeconomic uncertainty and geopolitical volatility.
