Tata Sons chairman N Chandrasekaran among India’s top-paid executives; check how much salary he got in FY25

According to Tata Sons’ annual report cited by the newspaper, his compensation rose 15% over the previous year, even as the holding company's net profit fell 24.3% to ₹26,232 crore from ₹34,654 crore.

Chandrasekaran’s remuneration included ₹15.1 crore as salary and other benefits, while commission on profit stood at ₹140.7 crore, amounting to 0.6% of FY25 net profit. This was up from 0.4% in FY24.

The report further said that executive director Saurabh Agrawal’s remuneration rose 7.7% to ₹32.7 crore, including salary and commission on profit.

The commission on profit for the rest of the board increased by 6.7%.

Noel Tata, who joined the Tata Sons board last October after the death of group patriarch Ratan Tata, received a commission of ₹1.42 crore.

Leo Puri, who retired from the board in March, received ₹3.13 crore, while Bhaskar Bhat, who retired last August, received ₹1.33 crore as commission.

Venu Srinivasan, one of the three directors representing the Tata trusts, has abstained from receiving commissions since his appointment.

Tata Sons’ total revenue declined to ₹38,834.58 crore in FY25 from ₹43,893 crore in the previous year, which included ₹9,375.66 crore from investment sales. Profit before tax fell to ₹35,440.76 crore from ₹39,813.16 crore.

Total expenses dropped to ₹1,945.64 crore from ₹2,776.49 crore a year earlier. The company, which had repaid all borrowings in FY24 to end with net cash of ₹2,679.19 crore, saw its net cash position rise to ₹7,117.43 crore in FY25.

Return on equity stood at 19.11% in FY25, down from 32.2% the previous year, while the carrying cost of investments rose to ₹1,69,826.56 crore from ₹1,44,711.20 crore.

Based on FY25 performance, Tata Sons raised its dividend to ₹64,900 per share, up from ₹35,000 in FY24, resulting in a total cash outflow of ₹2,622.91 crore to shareholders. Tata Trusts hold a 66% stake in Tata Sons, while the Shapoorji Pallonji group owns 18.4%.