Wipro Chief Executive Officer Srinivas Pallia earned nearly ₹50 crore in FY26, placing him among the highest-paid leaders in India’s IT industry.
According to Wipro’s annual report, Pallia received total compensation of around ₹49.5 crore during the financial year. His package included salary, performance-linked bonuses, allowances and stock-based incentives.
The CEO’s earnings were significantly higher than those of Wipro Chairman Rishad Premji, who received about ₹7 crore in FY26. Premji’s remuneration was nearly 50% lower than the previous year, making Pallia’s compensation almost seven times larger.
Pallia took charge as Wipro’s CEO in April 2024 following the exit of Thierry Delaporte. Since then, he has focused on improving efficiency, strengthening customer relationships and steering the company through a challenging global technology market.
The latest disclosures have renewed attention on executive compensation across India’s IT sector. Many technology firms increasingly tie leadership pay to business performance, shareholder value and long-term growth objectives.
The gap highlights how executive pay is structured at major technology companies, where a large portion of compensation is often linked to performance targets and long-term stock awards.
Compensation levels also vary widely across the industry depending on company size, financial performance and the structure of stock incentive programmes. Recent reports show that top executives at leading Indian IT firms continue to receive sizeable pay packages despite a challenging business environment.
The figures come at a time when the IT sector is navigating mixed market conditions. While demand for artificial intelligence, cloud services and digital transformation remains strong, companies continue to face cautious spending by clients and broader economic uncertainty.
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