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Highest-Paid IT Sector CEOs: Wipro's Thierry Delaporte Tops List - Know His Salary
Wipro's CEO, Thierry Delaporte, emerged as the highest-paid chief executive in the IT sector for FY23, with a staggering remuneration of $10 million, approximately Rs 82.2 crores. In the second quarter, Wipro, a major player in the global IT services industry, reported a Profit After Tax of Rs 2,667 crore. The company's net income for the quarter stood at Rs 26.5 billion
Wipro's Thierry Delaporte (Image Source: Twitter, TN Digital)
Wipro's CEO, Thierry Delaporte, emerged as the highest-paid chief executive in the IT sector for FY23, with a staggering remuneration of $10 million, approximately Rs 82.2 crores.
In the second quarter, Wipro, a major player in the global IT services industry, reported a Profit After Tax of Rs 2,667 crore. The company's net income for the quarter stood at Rs 26.5 billion
The 52 week high and low of the share is Rs 443.60 and Rs 351.85 respectively. In the last 1 year the company has given return of 4.53 per cent.
Following Delaporte, HCL Tech's CEO, C Vijay Kumar, received a salary of Rs 28.4 crores in the fiscal year 2023. Salil Parekh, CEO of Infosys, earned ₹56.4 crores during the same period, marking a 21 per cent decline from the previous fiscal year.
In Q2, HCL Technologies announced robust 10 per cent increase in its consolidated net profit for the quarter ending in September, reaching Rs 3,832 crore. This marks a significant rise from the Rs 3,489 crore reported in the corresponding period last year. In terms of revenue, the company witnessed an 8 per cent growth in its operations, with earnings escalating to Rs 26,672 crore from Rs 24,686 crore in the same quarter of the previous year.
The 52 week high and low of the share is Rs 1,369.75 and Rs 1,011.60 respectively. In the last 1 year the company has given return of 23.76 per cent.
Former TCS CEO Rajesh Gopinathan, who has been succeeded by K Krithivasan, saw his earnings reach Rs 29 crores in FY 2022-23, a 13 per cent increase from the previous year. Gopinathan's salary was 427 times higher than the median remuneration of TCS employees, highlighting a significant pay disparity within the company.
Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, announced a 9 per cent year-on-year increase in its consolidated net profit for the quarter ending in September, reaching Rs 11,342 crore. This performance signifies a continued upward trajectory for the company. Furthermore, TCS reported a near 8 per cent growth in its consolidated revenue, which climbed to Rs 59,692 crore.
The 52 week high and low of the share is Rs 3,680 and Rs 3,070.30 respectively. In the last 1 year the company has given return of 8.24 per cent.
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