Tata Sons chair Chandrasekaran declines FY26 pay hike as group profit slips 17%
N. Chandrasekaran has waived a pay hike for FY26 amid capital-allocation concerns at Tata Electronics and other new ventures. FY25 group revenue rose 24% to ₹5.92 lakh crore, but net profit fell 17% to ₹28,898 crore, with TCS contributing 43%. His FY25 pay was ₹155.8 crore (+15%).
Tata Sons chairman N. Chandrasekaran has declined a pay hike for FY26 amid concerns over capital allocation and profitability of new ventures, as group net profit fell 17% in FY25 despite 24% revenue growth, with TCS contributing 43% of profit.