Tata Sons Chairman N Chandrasekaran's pay jumps 15% at Rs 156 crore in FY25
N Chandrasekaran's remuneration package included ₹15.1 crore in salary and other benefits, and a hefty ₹140.7 crore as commission on profits.
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N Chandrasekaran, the executive chairman of Tata Sons, received a total compensation of Rs 155.81 crore in FY25 - making him one of India's highest-paid corporate leaders even as the holding company reported a 24.3% drop in annual profit, as per media reports.
According to Tata Sons' annual report, Chandrasekaran's pay jumped 15% from the previous year. His remuneration package included Rs 15.1 crore in salary and other benefits, and a hefty Rs 140.7 crore as commission on profits - which rose to 0.6% of the company's FY25 net profit, up from 0.4% the year before.
Tata Sons, the holding arm of the $150-billion-salt-to-software conglomerate, reported a net profit of Rs 26,232 crore in FY25, compared to Rs 34,645 crore in FY24.
The compensation of Saurabh Agrawal, executive director of Tata Sons, also saw an uptick of 7.7% reaching Rs 32.7 crore, comprising both salary and profit-linked commission. Commission pay-outs to other board members rose by 6.7%, the report noted.
Among the boardroom updates, Noel Tata - who joined the Tata Sons board in October 2024 following the demise of Ratan Tata - earned a commission of Rs 1.42 crore. Retired board members Leo Puri and Bhaskar Bhat received Rs 3.13 crore and Rs 1.33 crore, respectively.
Meanwhile, Venu Srinivasan, one of the three directors representing the Tata Trusts, has continued to forgo commission since his appointment.
Also Read: N Chandrasekaran: 'Confident in the future of Tata Motors brands, resilience of business'
Chandrasekaran, who has led the group since 2017, remains optimistic despite the dip in profitability. Speaking at the Indian Hotels Company Limited (IHCL) Annual General Meeting earlier this month, he said, "The future looks very strong and bright as the consumption in India keeps growing and travels will continue to increase," according to media reports.
He began his address by acknowledging the tragic Air India plane crash that claimed multiple lives, stating, "To lose a single person we know is a tragedy, but for so many deaths to occur at once is incomprehensible. Our thoughts are with them."
Chandrasekaran also paid an emotional tribute to group patriarch Ratan Tata, who passed away in October 2024.
"He was a truly uncommon leader, a distinguished business leader and philanthropist, and his remarkable vision and achievements shaped the Tata Group for multiple decades. He was a dear friend and the person whom I turned to for any guidance. In other words, we miss him very dearly," he said.
Tata Sons is not a listed company. It is the principal investment holding and promoter company of the Tata Group.
