HCLTech CEO C Vijayakumar’s salary jumped 67% to $18.13 million in fiscal year 2026, according to the company’s disclosures.
The increase marks one of the more significant executive pay hikes among India’s major IT services companies for the fiscal year, reflecting the company’s performance over the period. HCLTech is among the country’s largest technology exporters, and executive compensation figures are typically disclosed as part of its annual reporting requirements.
The scale of the raise is likely to draw attention amid broader scrutiny of executive pay levels across India’s IT sector.
Executive pay at India’s large IT exporters has drawn periodic scrutiny from shareholder advisory groups, particularly when compensation growth outpaces company revenue or headcount trends over the same period.
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Sources:
https://m.rediff.com/archives?section=business