HCLTech CEO C Vijayakumar's total remuneration increased by 67% to Rs 175 crore in fiscal year 2026, according to the company's latest disclosures. This marks a significant rise compared to the previous year and reflects the company's performance and executive compensation trends in the Indian IT sector.
The increase in Vijayakumar's pay package was detailed in HCLTech's annual report for FY26, which highlighted the components of his remuneration including salary, bonuses, and stock options. The company credited the rise to strong financial results and strategic milestones achieved under his leadership. Vijayakumar has been at the helm of HCLTech since 2016, steering the company through growth and digital transformation phases.
This jump in executive pay is notable within the Indian IT industry, where top leadership compensation often correlates with company performance and market capitalization. HCLTech is among the largest IT services firms in India, and its CEO's remuneration now stands out compared to peers. The rise also reflects broader trends of increased pay packages for technology leaders amid competitive talent markets and rising shareholder returns.
HCLTech's FY26 annual report, published this month, provides the official figures for Vijayakumar's compensation, confirming the Rs 175 crore total. The company reported consolidated revenue growth and improved margins, factors that contributed to the enhanced executive pay package.