Bengaluru: Infosys CEO Salil Parekh earned ₹82.6 crore in 2025-26, 2.5% more than in the previous year, as per the second-largest Indian IT service provider's annual report. Parekh's compensation comprised ₹8.5 crore in fixed salary, ₹23.35 crore in variable pay and ₹50.75 crore in gains from exercised stock options and restricted stock units.In comparison, the chief executive of the company's larger rival Tata Consultancy Services, K Krithivasan, earned ₹28 crore annually. Meanwhile, smaller rival Wipro's CEO Srinivas Pallia earned ₹53.6 crore in 2024-25 and HCLTech's C Vijayakumar earned ₹94.6 crore in 2024-25, the highest in the industry.Also read: Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?The annual report of Infosys showed Parekh's remuneration was 742 times the median employee remuneration, including exercised stock incentives. Excluding stock incentives, the ratio stood at 289 times. The company also disclosed that Parekh exercised 2,72,400 restricted stock units (RSUs) under the 2015 Plan and 64,690 RSUs under the 2019 Plan during 2025-26.The remuneration details come after the Bengaluru-based company reiterated its non-committal stance last month on the timeline for salary revisions for more than 300,000 employees on its payroll.ET BureauPay up 2.5% from previous yearThe report, however, did not divulge details regarding Parekh's succession. Parekh's current term is slated to end by March 31, 2027, and he is likely to receive a two-year extension instead of a third five-year term, ET reported in April.Infosys is moving from deploying technology to helping enterprises unlock value from it in terms of cost, revenue and customer experience in the age of artificial intelligence (AI), the management highlighted in the annual report.Also read: Infosys CEO's compensation rises 2.5% to nearly $8.7 million in fiscal 2026"The shift from predictable machines to probabilistic ones is as consequential as the speed of adoption, and it is reshaping what the work now requires," Nandan Nilekani wrote in the chairman's message. "While we will embrace the best coding tools and improve our productivity, there is much more to do in the software development life cycle... modernising brownfield systems is far harder than greenfield development. Enterprise AI faces the same truth."Infosys said AI programmes are now deployed across 90% of its top 200 clients and that it has more than 4,600 AI projects underway, reiterating that AI-related work accounted for 5.5% of revenue.