Tata Sons Chairman N Chandrasekaran has reportedly decided not to accept a salary increase for FY26 as the Tata Group remains focused on capital deployment priorities and the profitability of several recently established businesses.N Chandrasekaran’s total compensation for FY25 stood at approximately Rs 155.8 crore, which was a 15% rise over the prior fiscal. The remuneration structure remained largely performance-driven, with about Rs 15.1 crore comprising salary and associated benefits, while nearly Rs 140.7 crore was earned through profit-linked commissions.Several group companies have been dealing with cyclical headwinds, while businesses such as Air India continue to navigate challenges arising from an uncertain geopolitical and economic environment.Sources told ET that during discussions held at the Nomination and Remuneration Committee meeting, which took place alongside the Tata Sons board meeting last week, Chandrasekaran indicated that he did not wish to receive a pay hike for the current financial year.Tata Consultancy Services was still the group’s largest profit contributor in FY25, accounting for 43% of overall net earnings.Tata Sons saw a revenue of Rs 5.92 lakh crore in FY25, which is an increase of 24% from last year. However, the group’s net profit fell 17% year-on-year to ₹28,898 crore.Although Tata Trusts Chairman Noel Tata had earlier raised concerns about the extent of investments being channelled into several emerging and new-age businesses, he has subsequently recognised Tata Electronics as a strategically important venture that supports India’s manufacturing aspirations. People familiar with the matter told the financial daily he has also acknowledged the company’s growth momentum and progress.As deliberations continue among the group’s key stakeholders, Chandrasekaran has remained focused on the conglomerate’s principal business objectives, strengthening engagement with international partners and guiding major strategic programmes as Tata Group moves ahead with a series of large-scale investment-led initiatives.
