N. Chandrasekaran Got 15% Raise in FY25 Salary as Tata Sons Chair, Took Home ₹156 Crore

Outlook Business Desk

Tata Chief’s Salary

Natarajan Chandrasekaran, Executive Chairman of Tata Sons, was among India’s highest-paid corporate leaders in FY25, receiving a total compensation of ₹155.81 crore, according to the company’s latest annual report.

Pay Structure Breakdown

N. Chandrasekaran’s ₹155.81 crore package in FY25 included ₹15.1 crore in salary and other benefits. The bulk—₹140.7 crore—came from commission on profits earned during the financial year ending March 2025.

Tata Sons chairman Natarajan Chandrasekaran

Pay Rises Despite Dip

N. Chandrasekaran’s FY25 pay of ₹155.81 crore marked a 15% jump from ₹135 crore in FY24. Interestingly, this rise came even as Tata Sons’ profit after tax fell 24.3%—from ₹34,654 crore to ₹26,232 crore.

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Noel Tata’s Board Role

Noel Naval Tata, who joined the Tata Sons Board as a non-executive director following the passing of his brother Ratan Tata, received ₹1.42 crore as commission on profit in FY25.

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Executive Director’s Pay Rises

Saurabh Agrawal, Executive Director at Tata Sons, earned ₹32.7 crore in FY25—marking a nearly 9% increase from the previous year. His compensation reflects his key role in the group’s financial strategy.

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Only Woman Director

Anita Marangoly George, the sole woman and independent director on the Tata Sons board, earned ₹3.20 crore as commission in FY25.

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Leo Puri’s Final Year

Leo Puri, who retired from the Tata Sons Board in March 2025, received ₹3.13 crore during his final year of service.

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Bhaskar Bhat’s Commission

Bhaskar Bhat, who retired from the board in August 2024, received ₹1.33 crore as commission on profit for his service during the financial year.

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No Payout Accepted

Venu Srinivasan, a non-executive board member of Tata Sons, has consistently declined to accept any commission from the company since his appointment, according to the FY25 annual report.

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