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TCS Annual Report Details ₹28.1 Crore CEO Pay and 23,460 Job Cuts in FY26

The disclosures tie performance-linked executive pay to an AI-focused restructuring.

Overview

  • TCS, in an annual report released Saturday, said CEO K Krithivasan earned ₹28.1 crore in FY26, up about 6%, with his pay at 332.8 times the company’s median employee salary.
  • TCS ended the year with 584,519 employees, a drop of 23,460 year on year, which the company attributed to a restructuring for AI-led work and normal attrition.
  • Krithivasan’s package was dominated by a ₹25 crore performance commission, while TCS said median employee pay rose 5.1% and most junior and mid-level staff in India received 4.5–7% annual raises.
  • COO Aarthi Subramanian received about ₹18.3 crore in FY26 including a ₹15 crore commission, and Chairman N. Chandrasekaran took only ₹4.2 lakh in sitting fees with no commission.
  • TCS reported March-quarter net profit of ₹13,718 crore, up 12.22%, and FY26 profit after tax of ₹49,210 crore, as management cast the year as an inflection point for enterprise AI and continued its organizational realignment.