LTM CFO Venu Lambu Reports Rs 27.26 Crore Compensation in FY26

LTM CEO Venugopal Lambu's Remuneration for FY26 Tops Rs 27 Crores

LTM CEO and Managing Director Venugopal Lambu received a remuneration of Rs 27.26 crores for the fiscal year 2026. This marks his first full-year salary as the CEO, following his appointment in January 2025.

Lambu's remuneration package consisted of Rs 12 crores in fixed pay, around Rs 11.98 crores in variable compensation, and Rs 3.26 crores in stock options. In comparison, his three-month salary for FY25 was around Rs 3.74 crores.

Former CEO and MD Debashis Chatterjee, who retired in May 2026, received Rs 15.75 crores in remuneration for the same period. Chatterjee's last full-year salary before retirement was Rs 32.54 crores in FY25.

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Employee Wage Hikes at LTM

The company reported a total of 87,950 permanent employees on its rolls as of March 31, 2026. The median remuneration of employees during FY26 was Rs 17,21,230, representing a decrease of 1.20% from the previous year.

According to the annual report, the average increase in salary for eligible employees globally was 5.44% on an annual basis. This includes a 6.54% increase in India and a 2.78% increase in international geographies.

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The IT industry faced significant challenges during the year, including geopolitical developments, macroeconomic volatility, and rapid technological advancements. LTM responded by focusing on balancing revenue growth, cost management, and investment in critical capabilities while maintaining workforce stability.

As part of its wage hike strategy, Lambu announced in October 2025 that the company would spread out the FY26 wage hikes over two quarters. Fifty percent of employees would receive their increments from January 1, while the remaining would receive their increments from April 1.