By Under20s.com

Flight Path

Salary for Infosys CEO Salil Parekh will go up by 88%

Salil parekh's annual salary has increased by a whopping rs 42 crore, to rs. 79.75 million. Let us also know that salil parekh, ceo of infosys, has had his salary increase by 88 percent.

Infosys CEO Salary Increase: Infosys, the country's largest tech company, has increased Salil Parekh's salary. Salil Parekh has seen his salary rise from Rs 42 crore each year to Rs 79.75 million. 

Informationsys has increased Salil Parekh's salary by 88 percent. Everyone is talking about the ceo's salary.

Flight Path

Infosys justifies the substantial increase in the CEO's salary. According to the company, Salil has led the company's growth. They are entitled to a higher salary for this achievement.

Statement of Infosys

Infosys recently extended Salil Parekh's tenure for five years. He was re-appointed CEO and Managing Director. His term ends March 31, 2027.

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Infosys is one of the largest tech companies in the country. It announced its 4th-quarter results for the fiscal year 2021-22 on April 13.

Infosys Results

The company saw a 12%+ in revenue compared to the last quarter. The company made Rs 5,686 crore, compared to Rs 5,076 crore during the same quarter last fiscal.

Infosys Growth

Salil Parekh, CEO of Infosys, stated that Infosys's best year in the past decade was due to its focus on Infosys and cloud capacity. The company's market share has increased at the same time.

Salil Parekh's word

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