India’s Highest Paid CEOs: L&T, HeroMoto and Poonawala Ent – Lifestyle News

In a year marked by impressive corporate growth, several of India’s top CEOs and executive leaders have seen their compensation packages reflect their significant contributions to the success of their companies.

As of March 2024, key figures from sectors such as finance, IT consulting, steel, media and two-wheelers have earned notable salaries, underlining their leadership role in driving profitability and expansion . From Abhay Bhutada at Poonawalla Fincorp to Salil S. Parekh in infosysthese industry Giants continue to shape the future of their organizations, making a lasting impact on both the business landscape and its bottom line.

Here are the top 10 CEOs and executives in India with their high remuneration:

1. Abhay Bhutada, non-executive director of Poonawalla Fincorp, received a remuneration of Rs 241.21 crore in March 2024. As a leader in the financial sector, including NBFCs, his remuneration accounts for 7.66 per cent of the company’s revenue. company and 14.33 per cent of its net profit, underlining his critical contribution to the growth and success of Poonawalla Fincorp.
2. Pawan Munjal, Chairman and Permanent Director of motocorp heroearned a remuneration of Rs 109.41 million as of March 2024. Although his remuneration accounts for only 0.28 percent of the company’s revenue and 2.92 percent of its net profit, his leadership has been crucial to position Hero MotoCorp as a global leader in the two-wheeler industry.

3. Sudhir Singh, CEO and CEO of Coforgereceives a remuneration of Rs 105.12 million as of March 2024. His remuneration, which accounts for 1.14 percent of the company’s revenue and 13.01 percent of its net profit, highlights his significant contribution to the growth and profitability of the IT consulting company.

4. Vinay Prakash, CEO of Adani CompaniesHe earns a remuneration of Rs 89.37 million as of March 2024. His compensation, which accounts for 0.09 percent of the company’s revenue and 2.76 percent of its net profit, reflects his crucial role. in supervising the company’s various operations in sectors such as energy. and infrastructure.

5. Kalanithi Maran, CEO of Sun TV Network, and Kavery Kalanithi, CEO of the same company, earn a remuneration of Rs 87.5 crore as of March 2024. As a media mogul, Kalanithi Maran’s leadership has propelled Sun TV Network to a dominant position. position in the Indian broadcasting and cable television industry. Meanwhile, Kavery Kalanithi, continuing her father’s legacy, plays a crucial role in the company’s operations. His compensation reflects his significant contributions to the success of Sun TV Network.

6. Naveen Jindal, CEO of Jindal Steel & Power, receives a remuneration of Rs 84,995 million as of March 2024. His leadership has been instrumental in establishing Jindal Steel & Power as one of Indiaof the major steel producers, and his remuneration reflects his essential contribution to the company’s growth.

7. Arnob Roy, Whole Time Director and COO of Tejas Networks, earns a remuneration of Rs 76.82 crore as of March 2024. His remuneration, which constitutes 3.03 per cent of the company’s revenue and an impressive 121.98 percent of its net profit reflects its strategy. leadership in driving the company’s telecommunications equipment business and significantly improving its profitability.

8. Sandeep Kalra, CEO and CEO of Persistent Systems, receives a remuneration of Rs 76.59 million as of March 2024. His remuneration is closely linked to the company’s revenue (0.77 percent) and profit net (7 percent), reflecting its essential role. in establishing Persistent Systems as a leader in the IT consulting sector.

9. Sajjan Jindal, Chairman and Managing Director of JSW Steel, earns a remuneration of Rs 73.39 crore as of March 2024. Although his salary constitutes a small percentage of the company’s revenue (0.04 percent) and the net profit (0.83 per cent), his leadership has been instrumental in transforming JSW Steel into one of India’s largest steel producers, driving its overall success.

10. Salil S. Parekh, MD and CEO of Infosys, was compensated Rs 66.25 crore as of March 2024. As a director of a leading IT consulting and software company, his compensation represents a small fraction of the company’s revenue (0.04 percent) and net profit (0.25 percent), highlighting his role in leading the continued growth and success of Infosys.