Corporate India continues to reward its top leaders generously, with several CEOs earning staggering salaries in FY25. From IT to automotive and pharmaceuticals, these executives have driven remarkable growth, often fueled by performance-based stock incentives. Below, we delve into the profiles of the top seven highest-paid CEOs in India for 2025, highlighting their achievements, leadership, and jaw-dropping remuneration packages.
Meet India's Highest-Paid CEOs In 2025
1. Sandeep Kalra
Company: Persistent Systems
Salary: ₹148.09 Crore
Sandeep Kalra, CEO and Executive Director of Persistent Systems, tops the list with an astonishing ₹148.09 crore in FY25. His leadership has propelled the IT services firm to new heights, with the company’s stock surging 75% in 2024 and 91% in 2023. Kalra, an IIM Calcutta alumnus, joined Persistent in 2019 and became CEO in 2020.
2. Pawan Munjal
Company: Hero MotoCorp
Salary: ₹109.41 Crore
Pawan Munjal, Chairman and Managing Director of Hero MotoCorp, earned ₹109.41 crore in FY25, maintaining his position as the highest-paid executive in the automotive sector. Under his stewardship, Hero MotoCorp remains the world’s largest two-wheeler manufacturer by volume. Munjal, who transitioned from CEO to Executive Chairman in 2023, has driven investments in e-mobility and global expansion.
3. Rajeev Jain
Company: Bajaj Finance
Salary: ₹102.10 Crore
Rajeev Jain, now Executive Vice Chairman of Bajaj Finance, got a salary of ₹102.10 crore in FY25, marking his second consecutive year surpassing the ₹100-crore mark. Transitioning from Managing Director, Jain’s leadership has solidified Bajaj Finance’s position in India’s financial services sector.
4. C Vijayakumar
Company: HCL Tech
Salary: ₹94.6 Crore
C Vijayakumar, CEO of HCLTech, earned ₹94.6 crore in FY25, making him the highest-paid IT CEO in India. Based in the US, Vijayakumar’s compensation includes a ₹15.8 crore base salary, ₹13.9 crore performance bonus, and ₹56.9 crore in stock units. Since taking the helm in 2016, he has driven a 9.3% revenue CAGR, with high-value clients growing significantly.
5. Murali K Divi
Company: Divi's Laboratories
Salary: ₹88.15 Crore
Dr. Murali K. Divi, Managing Director of Divi’s Laboratories, earned ₹88.15 crore in FY25, a 37.6% increase driven by profit-linked bonuses. As the head of Hyderabad-based Divi’s Labs, he has established the company as a leading player in the pharmaceutical sector, specialising in active pharmaceutical ingredients (APIs).
6. Salil Parekh
Company: Infosys
Salary: ₹ 80.62 Crore
Salil Parekh, CEO and Managing Director of Infosys, earned ₹80.62 crore in FY25, a 21.7% increase from the previous year, with nearly ₹50 crore from stock options. Since joining in 2018, Parekh has driven Infosys’ digital transformation and cloud business, enhancing its global competitiveness. An IIT Bombay and Cornell alumnus, his 25-year tenure at Capgemini honed his expertise in IT services.
7. SN Subrahmanyan
Company: Larsen & Toubro
Salary: ₹76.25 Crore
S.N. Subrahmanyan, Chairman and Managing Director of Larsen & Toubro (L&T), earned ₹76.25 crore in FY25, a nearly 50% jump from the previous year. Since becoming CEO in 2017, Subrahmanyan has driven L&T’s growth in infrastructure, engineering, and technology. A civil engineering graduate with an MBA from Symbiosis, he has held leadership roles across L&T’s subsidiaries, including LTI Mindtree and L&T Metro Rail.