Tata's N Chandrasekaran's Salary Was ₹37.63 Lakh When TCS Went Public In 2004, Here's How Much Ratan Tata Was Paid

India’s biggest IT services company, Tata Consultancy Services went public in the year 2004. Back then, Ratan Tata was the chairman of the company and N Chandrasekaran was the executive vice president looking after global operations.

As per the company’s old records, Chandrasekaran was paid a gross salary of 37.63 lakh for the year ended March 2025. Ratan Tata, as chairman, received a total salary of around ₹48 lakh. Out of this, ₹47 lakh was commission, while ₹0.95 was his sitting fees.

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The then-CEO and managing director, S Ramadorai was paid a total salary of around ₹95 lakh. This included a commission of ₹65 lakh. Current CEO K Krithivasan was paid ₹25.36 crore in annual compensation for the year ended March 2024.

On August 25, 2004, the equity shares of the company were listed on the stock exchanges. The IPO was over-subscribed 8.03 times on an overall basis.

Now almost two decades later, TCS is India’s second biggest company with a market capitalisation of around ₹14.50 lakh crore. Chandrasekaran is the chairman of the Tata Group and Ratan Tata is happily retired but continuing his heartwarming philanthropic work.

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Posted In: NewsManagementGeneralN ChandrasekaranRatan TataTata GroupTCSThe House Of Tata

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