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HCLTech CEO C Vijayakumar earned USD 10.85 million (around Rs 94.6 crore) in FY 2024-25 making him one of the highest-paid executives in Indias IT sector. His compensation surpassed that of the CEOs of larger rivals TCS and Infosys. The companys board has also approved an over 71 per cent increase in his current remuneration to USD 18.6 million (about Rs 154 crore) for the next financial year according to the companys annual report. Vijayakumars FY25 compensation places him ahead of his peers at Indias top two IT firms. TCS Infosys CEOs Salary For the same period TCS CEO K Krithivasans remuneration was Rs 26.52 crore while Infosys CEO Salil Parekh earned Rs 80.62 crore. Vijayakumars earnings also topped those of Wipro CEO Srinivas Pallia (USD 6.2 million or about Rs 53.64 crore) and Tech Mahindra CEO Mohit Joshi (Rs 53.9 crore). According to HCLTechs annual report Vijayakumars total remuneration in the fiscal year ended March 31 2025 comprised a base salary of USD 1.96 million and a performance-linked bonus of USD 1.73 million. The largest portion of his earnings came from long-term incentives with exercised Restricted Stock Units (RSUs) valued at USD 6.96 million. An additional USD 0.20 million was provided in benefits and perquisites. Who Is HCLTech CEO Vijayakumar? Vijayakumar who took over as the CEO in 2016 is based in the US and draws his remuneration from HCL America Inc. the firms wholly-owned US subsidiary. Under C. Vijayakumars leadership HCLTechs market capitalisation has increased from Rs 115000 crore on March 31 2016 to Rs 432000 crore on March 31 2025 reflecting a growth of 3.8 times since FY16. Over the same period the market capitalisation of the other four leading Indian listed IT services firms among the top five has grown by approximately 2.5 times the company said. The companys board has approved a revised remuneration package for Vijayakumar effective April 1 2025. The proposed annual salary is set at USD 18.6 million marking a 71 per cent increase from his FY25 earnings. The proposed structure significantly increases both fixed and performance-linked components. The revised compensation acknowledges C Vijayakumars successful and long-tenured leadership as CEO recognising his significant contributions to the companys growth and sustained performance over the years the report said. HCL Technologies posted a 9.7 per cent drop to Rs 3843 crore in consolidated net profit for the June quarter hurt by higher expenses and one-time impact of a client bankruptcy but raised the lower end of revenue growth outlook for the full fiscal to 3-5 per cent (from 2-5 per cent earlier) on booking expectations in coming quarters. (With Inputs From PTI)