Infosys CEO Salil Parekh earned Rs 82.6 crore in 2025-26, 2.5% more than in the previous year, as per the second-largest Indian IT service provider’s annual report.
Parekh’s compensation comprised Rs 8.5 crore in fixed salary, Rs 23.35 crore in variable pay and Rs 50.75 crore in gains from exercised stock options and restricted stock units.
In comparison, the chief executive of the company’s larger rival Tata Consultancy Services, K Krithivasan, earned Rs 28 crore annually. Meanwhile, smaller rival Wipro's CEO Srinivas Pallia earned Rs 53.6 crore in 2024-25 and HCLTech’s C Vijayakumar earned Rs 94.6 crore in 2024-25, the highest in the industry.
The annual report of Infosys showed Parekh’s remuneration was 742 times the median employee remuneration, including exercised stock incentives. Excluding stock incentives, the ratio stood at 289 times.
The company also disclosed that Parekh exercised 2,72,400 restricted stock units (RSUs) under the 2015 Plan and 64,690 RSUs under the 2019 Plan during 2025-26.
The remuneration details come after the Bengaluru-based company reiterated its non-committal stance last month on the timeline for salary revisions for more than 300,000 employees on its payroll.
The report, however, did not divulge details regarding Parekh’s succession. Parekh’s current term is slated to end by March 31, 2027, and he is likely to receive a two-year extension instead of a third five-year term, ET reported in April.
Infosys is moving from deploying technology to helping enterprises unlock value from it in terms of cost, revenue and customer experience in the age of artificial intelligence (AI), the management highlighted in the annual report.
“The shift from predictable machines to probabilistic ones is as consequential as the speed of adoption, and it is reshaping what the work now requires,” Nandan Nilekani wrote in the chairman’s message. “While we will embrace the best coding tools and improve our productivity, there is much more to do in the software development life cycle… modernising brownfield systems is far harder than greenfield development. Enterprise AI faces the same truth.”
Infosys said AI programmes are now deployed across 90% of its top 200 clients and that it has more than 4,600 AI projects underway, reiterating that AI-related work accounted for 5.5% of revenue and was growing faster than the company overall.
“Infosys is well-positioned as the leading company for AI services,” Parekh wrote in his letter to shareholders. “Our early investments in Cobalt and our Data and Analytics portfolio have positioned us well to capture the rapidly expanding market opportunity.”
While Infosys surpassed $20 billion in annual revenue for the first time, the company issued a muted guidance for 2026-27, estimating revenue growth of 1.5-3.5%, down from 3-3.5% in the previous fiscal, to account for AI-led deflation.
The AI strategy is in response to the risks to business demand and growth outlined in the management discussion section of the report.
“This was a year of subdued growth with pockets of economic green shoots that have kept technology-led growth active. Radical transformation in technology led by AI is shifting the dynamics of discretionary spending and mounting pressure on traditional IT services,” Infosys said.
Global gross domestic product growth remained flat at 3.3% in 2025, the report said, while IT services contracted by 10 basis points during the period, growing at 4.6%. “We expect client spending and investments to continue to move towards AI in the near term,” the report said.
A basis point is a hundredth of a percentage point.
