Wipro CEO Pallia takes home Rs 49.6 crore in FY26

New Delhi: Srinivas Pallia, the Chief Executive officer and Managing Director of Wipro, drew a total remuneration of $ 5.29 million (approximately Rs 49.64 crore) in the financial year 2025-26, according to the company's annual report.

Pallia's total compensation of $ 5,290,568 included $ 1.65 million in salary and allowances, $ 1.05 million in commission and variable pay, $ 2.47 million in other benefits, and $ 108,464 in long-term compensation.

In April 2024, Pallia took the helm of Wipro as Chief Executive Officer and Managing Director, taking charge from Thierry Delaporte.

Wipro Executive Chairman Rishad A Premji took home a total compensation of $773,213 (about Rs 7.25 crore) during the same period. There were no stock options granted to Premji in fiscal year 2026.

Premji and Pallia are entitled to a commission at the rate of 0.35 per cent on incremental consolidated net profits of the company over the previous fiscal year, the report said.

Chief Financial Officer Aparna C Iyer drew a remuneration of $717,749 (about Rs 6.73 crore) in FY26.

Pallia's remuneration places him between his larger peers at rival IT majors Infosys and Tata Consultancy Services (TCS).

Infosys CEO and MD Salil Parekh emerged as the highest-paid among the three, drawing a total remuneration of Rs 82.60 crore in FY26.

Meanwhile, TCS CEO and MD K Krithivasan took home a total remuneration of Rs 28 crore in 2025-26.

(With PTI inputs)