 "Sandeep Kalra, chief executive officer (CEO) of mid-size IT services company Persistent Systems")
Sandeep Kalra, chief executive officer (CEO) of mid-size IT services company Persistent Systems, topped the remuneration chart of India Inc’s top brass with ₹148 crore, nearly double the previous year. Hero MotoCorp Promoter and Chairman Pawan Munjal followed at ₹109 crore, unchanged from FY24, while Swiggy Cofounder Lakshmi Nandan Reddy Obul’s remuneration surged almost 14 times to ₹90 crore.
The compensation of India Inc’s executives continued to rise in FY25 despite a slowdown in corporate revenues and profits. The overall remuneration of CEOs and board members grew 8.7 per cent year-on-year (Y-o-Y), outpacing the growth in companies’ revenues and net
