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TCS CEO’s annual pay rises 28% in FY19

CEO Rajesh Gopinathan's compensation added to a remuneration of Rs 16.02 crore.

May 17, 2019, 09.00 AM IST
Rajesh Gopinathan
NEW DELHI: Tata Consultancy Services (TCS) CEO Rajesh Gopinathan took home a pay package of over Rs 16 crore last fiscal, an increase of almost 28% compared to the previous year, the company’s annual report showed.

Gopinathan’s compensation included Rs 1.15 crore in salary, Rs 1.26 crore in perquisites, Rs 13 crore in commission and over Rs 60 lakh in other allowances — all of which added to a remuneration of Rs 16.02 crore. In 2017-18, his compensation was Rs 12.49 crore.

TCS chief operating officer N Ganapathy Subramaniam earned over Rs 11.61 crore in FY19, compared to Rs 9.29 crore in the previous fiscal. His pay package swelled 24.9% during the period.

Ramakrishnan V, TCS’s chief financial officer, took home a Rs 4.13-crore package in FY19.

The Mumbai-based company said the average annual increase during the fiscal was 6% in India.
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