LTTS CEO Amit Chadha's Remuneration Decreases by 17.4% to ₹15 Crore in FY26
LTTS CEO Amit Chadha's FY26 remuneration drops 17.4% to ₹15 crore
Business Standard
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Amit Chadha, CEO of L&T Technology Services (LTTS), received a total remuneration of ₹14.96 crore for the fiscal year 2025-26, a decrease of 17.4% from the previous year. Despite this decline, his pay was 147.63 times the median salary of LTTS employees, which rose to ₹10.1 lakh.
- 01Amit Chadha's remuneration fell to ₹14.96 crore for FY26, down 17.4%.
- 02His compensation included a base salary of ₹5.77 crore and ESOP-related perks worth ₹4.88 crore.
- 03The median employee salary at LTTS increased by 3.91% to ₹10.1 lakh.
- 04LTTS reported a consolidated net profit of ₹1,279.2 crore for FY26, up 0.98%.
- 05The company's revenue from operations rose 14% to ₹10,995.9 crore in FY26.
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Amit Chadha (CEO and Managing Director of L&T Technology Services) received a total remuneration of ₹14.96 crore for the financial year 2025-26, reflecting a 17.4% decline from the previous year. His compensation package included a base salary of ₹5.77 crore, a commission of ₹2.62 crore, and variable pay of ₹1.68 crore. Additionally, he earned ₹4.88 crore in perquisites related to Employee Stock Ownership Plans (ESOPs). Despite the reduction in his pay, Chadha's remuneration was 147.63 times the median salary of LTTS employees, which increased by 3.91% to ₹10.1 lakh. LTTS reported a consolidated net profit of ₹1,279.2 crore for FY26, a slight increase of 0.98% from ₹1,266.7 crore in FY25, while revenue from operations rose 14% to ₹10,995.9 crore. The company also achieved large-deal bookings exceeding USD 850 million and employed 23,830 individuals by the end of FY26.
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The decrease in CEO remuneration may reflect cost-cutting measures, which could influence employee morale and perceptions of pay equity within the company.
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