Raking in the moolah: CEO earnings up in tandem with profits of companies

JSW Steel chief Sajjan Jindal top-earning CEO in FY22 with Rs 134.8 crore, up 83.7%

Mirroring the increase in the earnings of their companies, the chief executives and promoters of India’s top listed firms gained handsomely from the boom last financial year. Their remuneration includes salaries, perquisites or perks, and profit-linked commissions.

There was a jump in profit-linked commissions for chief executive officers (CEOs) and chief experience officers (CXOs) in sectors such as metals and mining, other commodities, information technology, and pharma. However, the salaries do not include employee stock ownership. 

The analysis is based on a sample of 329 companies on the BSE500 index that have published their annual reports for FY22.

Commodity producers