L&T Technology Services (LTTS) has released its annual report, revealing a decrease in the total remuneration for CEO and MD Amit Chadha for the financial year 2025-26. Chadha’s compensation totaled Rs 14.96 crore, marking a 17.4 percent decrease from the preceding year. Despite this reduction, the company also reported financial gains, including a rise in consolidated net profit and revenue.
The compensation package for Chadha included a base salary of Rs 5.77 crore, a commission of Rs 2.62 crore, and variable pay of Rs 1.68 crore. In addition, he received Rs 4.88 crore through the exercise of Employee Stock Ownership Plans (ESOPs) granted over previous years. The annual report specified that Chadha’s remuneration was paid in US dollars, with the stated figure reflecting its Indian rupee equivalent. As per information available with TahirRihat.com, the company’s financial performance remained robust even with the adjustment in executive compensation.
Despite the double-digit percentage drop in his overall pay, Chadha’s remuneration remained 147.63 times the median remuneration of LTTS employees. The median salary for the company’s employees stood at Rs 10.1 lakh as of March 31, 2026, reflecting a 3.91 percent increase during the financial year. This juxtaposition of executive pay and median employee income highlights the ongoing discussions around compensation equity within the technology sector.
The Chief Financial Officer of LTTS, Rajeev Gupta, also experienced a dip in remuneration. Gupta’s earnings reached Rs 3.83 crore, a 3.6 percent decrease compared to the previous fiscal year, according to the report. This adjustment occurred against the backdrop of the company’s overall financial performance, providing context to the executive compensation changes. The parallel movement in CEO and CFO compensation suggests a consistent approach to executive remuneration within LTTS.
LTTS has reported a 6.75 percent year-on-year rise in consolidated net profit, amounting to Rs 332 crore for the period of January-March FY26. The company also saw revenue from operations rise by 8.3 percent to reach Rs 2,857.9 crore in Q4 FY26. These figures illustrate a period of growth for the company, despite the adjustments in executive compensation. The company’s financial results reflect its competitive positioning in the technology services market.
For the full fiscal year, which ended on March 31, 2026, LTTS posted a net profit of Rs 1,279.2 crore. This represents a marginal increase of 0.98 percent from the Rs 1,266.7 crore reported in FY25. Revenue from operations showed a more substantial increase, coming in 14 percent higher at Rs 10,995.9 crore in FY26. These figures underscore the company’s ability to grow its revenue streams even as net profit experienced more modest growth.
LTTS’ FY26 large-deal bookings surpassed USD 850 million. At the end of FY26, the company’s employee strength stood at 23,830. The increase in large-deal bookings indicates a sustained demand for the company’s services and solutions, while the employee count reflects the scale of its operations in the technology sector. The company’s pursuit of large-scale deals and its investment in human capital are aligned with its growth objectives.
The decline in executive compensation at LTTS has to be viewed alongside the company’s financial performance and employee remuneration trends. While the CEO and CFO experienced a reduction in their earnings, the company reported growth in net profit and revenue. The median employee salary also saw an increase, though at a more modest pace. These factors collectively provide a comprehensive perspective on the company’s financial health and compensation practices.
The information reported by Daily Excelsior highlights the complexities of executive compensation within the context of corporate performance and employee welfare. As companies navigate the challenges of the global economy, decisions related to executive pay are subject to scrutiny and debate. Transparency in reporting is critical to ensuring accountability and fostering trust among stakeholders. The trends at LTTS reflect a broader discussion about fair compensation practices in the technology industry.
Tahir Rihat (also known as Tahir Bilal) is an independent journalist, activist, and digital media professional from the Chenab Valley of Jammu and Kashmir, India. He is best known for his work as the Online Editor at The Chenab Times.