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Joshi’s pay package surpasses that of his peers in larger IT firms like TCS CEO K Krithivasan and Infosys CEO Salil Parekh.
Mohit Joshi’s compensation includes earnings from the Employee Stock Ownership Plan (ESOP), making his total pay a staggering 840 times higher than the average employee salary at Tech Mahindra.
The Indian IT sector continues to offer some of the most lucrative compensation packages in the corporate world, with top executives earning well into the crores. A striking example is Mohit Joshi, the CEO of Tech Mahindra, whose annual pay for the financial year 2024–25 stood at Rs 52.1 crore, according to the company’s latest annual report.
Joshi’s compensation includes earnings from the Employee Stock Ownership Plan (ESOP), making his total pay a staggering 840 times higher than the average employee salary at Tech Mahindra. The company, however, did not disclose the year-on-year change in his remuneration.
Outpacing Peers in the Industry
Joshi’s pay package surpasses that of his peers in larger IT firms. Tata Consultancy Services (TCS) CEO K Krithivasan saw a modest 4.6% raise in FY25, while Infosys CEO Salil Parekh received a 22% hike, taking his total compensation to Rs 80.6 crore.
Joshi assumed the role of CEO at Tech Mahindra in March 2023, succeeding CP Gurnani after his retirement. His compensation underlines the premium placed on leadership in the high-stakes world of Indian IT services.
Infosys CEO Salil Parekh Salary
Infosys CEO Salil Parekh is the leader among these CEOs by grabbing a total compensation of Rs 82 crore in FY2024-25, according to Infosys’ Annual Report 2025. The break down of the salary looks alike: fixed pay of Rs 7.94 crore, bonus & performance-linked incentives of Rs 23.18 crore and perquisites (stock options exercised) of Rs 50.88 crore.
TCS CEO K Krithivasan Salary
The total remuneration of TCS head for FY25 is estimated of Rs 26.52 crore. His package included Rs 1.39 crore in fixed salary, Rs 2.12 crore in benefits and allowances, and a substantial commission payout of Rs 23 crore, forming the largest chunk of his earnings.
Wipro CEO Srinivas Pallia Salary
As per Wipro’s annual report, Srinivas Pallia earned Rs 53.60 crore in FY2024-25 including salary, variable pay, long-term compensation and other benefits.
On April 6, 2024, Thierry Delaporte resigned as the Chief Executive Officer and Managing Director of the company.
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News business Tech Mahindra CEO Salary: Mohit Joshi Earns Rs 52.1 Crore in FY25, 840 Times More Than Average Employee
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