Tata Steel CEO Received Rs 15 Crore Performance-Linked Commission
Key Points:
- CEO’s total compensation climbed to Rs 20.66 crore
- Strong profits led to higher performance incentives
- Top executives attended all board meetings
JAMSHEDPUR – Tata Steel’s improved earnings boosted compensation for its senior leadership during the 2025-26 financial year.
Meanwhile, Tata Steel reported consolidated revenue of Rs 2.32 lakh crore.
Moreover, net profit rose more than threefold. It crossed Rs 10,793 crore.
T.V. Narendran received total compensation of Rs 20.66 crore.
However, performance-linked rewards accounted for Rs 15 crore.
His fixed pay stood at Rs 5.66 crore.
In addition, basic salary reached Rs 2.34 crore.
Furthermore, allowances and other benefits totalled Rs 3.22 crore.
A company source said, “Leadership rewards reflected operational success.”
Meanwhile, Jamshedpur-based operations contributed to overall business growth.
Additionally, executive director and CFO Kaushik Chatterjee earned Rs 16.39 crore.
Moreover, his package included a performance-linked payout.
That incentive amounted to Rs 10.50 crore.
Besides, both executives attended every board meeting.
They recorded full attendance across six meetings.
Meanwhile, the company’s profitability improved during the year.
Furthermore, operational achievements supported incentive payments.
However, Tata Group chairman N. Chandrasekaran declined commission benefits.
He accepted only prescribed meeting fees.
Additionally, senior management compensation increased alongside stronger results.
Moreover, board-approved incentives formed a major compensation component.
