Executives across sectors like finance, technology, steel,
and media recorded substantial earnings in the previous financial year. Their
compensation reflects not just the scale of the businesses they manage, but
also the growing emphasis Indian companies place on strong and consistent
leadership. The numbers offer a glimpse into how experience and steady
direction continue to drive value at the highest levels of corporate
management.
Abhay
Bhutada, Poonawalla Group
Alt
text: Abhay Bhutada of the Poonawalla Group
Abhay Bhutada of the Poonawalla Group recorded India’s
highest-ever salary in FY24, with total earnings of Rs. 241.21 crore. He was
the former Managing Director and CEO of Poonawalla Fincorp, under whose
leadership the company secured a CRISIL AAA rating and delivered exceptional
financial growth. Outside of his corporate career, Bhutada contributes to
education, healthcare, and sports initiatives for underprivileged communities
through the Abhay Bhutada
Foundation.
Arnob
Roy, Tejas Networks
Arnob Roy, Whole Time Director and Chief Operating Officer
at Tejas Networks, earned Rs. 76.82 crore during FY24. His remuneration
amounted to 3.03% of the company's revenue and 121.98% of its net profit for
the year. Roy is responsible for operational management at Tejas Networks, a
company focused on telecom equipment and network solutions, a sector that has
seen increasing investment as India expands its digital infrastructure.
Sudhir
Singh, Coforge
Sudhir
Singh, Executive Director and CEO of Coforge, received a total compensation of
Rs. 105.12 crore in FY24. His leadership was instrumental in driving the
company's growth in IT consulting. The payout accounted for 1.14% of Coforge’s
revenue and 13.01% of its net profit. A significant rise in demand for digital
transformation services supported this level of financial reward.
Kavery
Kalanithi, Sun TV Network
Kavery Kalanithi, Executive Director of Sun TV Network,
reported a remuneration of Rs. 87.5 crore for the year ending March 2024. She
plays a senior management role within one of India’s leading broadcasting
companies, operating across television, radio, and digital platforms. Her
compensation reflects her contribution to the company's operational management
at a time when the Indian media and entertainment industry continues to
diversify across multiple formats.
Naveen
Jindal, Jindal Steel & Power
Naveen Jindal, Executive Chairman of Jindal Steel &
Power, received Rs. 84.99 crore in remuneration during FY24. In his capacity as
Chairman, Jindal oversees the operations of one of India's major steel
producers, a sector critical to infrastructure and industrial development. His
earnings reflect his leadership role in managing large-scale projects,
production facilities, and strategic expansions across domestic and
international markets.
Summing Up
The
remuneration trends for FY24 reflect how Indian companies continue to align
executive compensation with strategic leadership and operational impact.
Leaders such as Abhay Bhutada of the Poonawalla Group, Naveen
Jindal of Jindal Steel & Power, and Sudhir Singh of Coforge represent a
cross-section of industries where experienced management continues to drive
business growth and resilience.