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Wipro CEO took home ₹53 cr; Premji's pay doubles
The New Indian Express Vijayawada
|May 24, 2025
Wipro CEO and MD Srinivas Pallia, who assumed the role in April last year, took home about ₹53.4 crore ($6.27 million) in FY25, according to the IT services firm's latest 20-F filing with the US Securities and Exchange Commission.
Interestingly, Wipro Executive Chairman Rishad Premji's remuneration more than doubled from ₹6.4 crore in FY24 to about ₹13.7 crore ($1.6 million) in FY25, due to an increase in the company's net profit. In FY24, Rishad Premji did not take any variable pay. He was entitled to a commission at the rate of 0.35% on incremental consolidated net profits of the company over the pr
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