Tata Sons chairman Chandrasekaran forgoes FY26 pay hike as group redirects capital to new ventures
N Chandrasekaran's FY25 compensation stood at Rs 155.8 crore (Rs 15.1 cr salary, Rs 140.7 cr commission). He declines a hike for FY26 as Tata Sons funds Air India, Tata Electronics and other bets. Group revenue rose 24% to Rs 5.92 lakh crore, though net profit fell 17% to Rs 28,898 crore, with TCS contributing 43% of profit.
What happened
Tata Sons chairman N Chandrasekaran declines FY26 pay hike as group prioritises capital deployment for new ventures. FY25 compensation was Rs 155.8 crore. Tata
Key facts
- Rs 155.8 crore FY25 pay
- 15% prior hike
- Rs 15.1 crore salary
- Rs 140.7 crore commission
- Rs 5.92 lakh crore revenue
- 24% revenue growth
- Rs 28,898 crore net profit
- -17% YoY profit
- TCS 43% of group profit
Why this matters
Tata Sons is publicly prioritizing internal bets over shareholder returns, suggesting aggressive funding appetite for Air India, semiconductors and adjacencies—and a higher bar for any external M&A that competes with these capital calls.