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Home World India

Rs 51 crore salary in FY24! L&T chairman SN Subrahmanyan earned 534.57 times the median salary of peers 

9 January 2025
in India
Rs 51 crore salary in FY24! L&T chairman SN Subrahmanyan earned 534.57 times the median salary of peers 
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Larsen & Toubro (L&T) Chairman SN Subrahmanyan faced backlash for suggesting a 90-hour work week, with his substantial Rs 51 crore salary for fiscal year 2023-24 sparking controversy. His remuneration included a base salary of Rs 3.6 crore, Rs 1.67 crore in perks, and a Rs 35.28 crore commission, raising concerns about the company’s pay structure and culture. Subrahmanyan’s comments prompted criticism from public figures like Deepika Padukone and Harsh Goenka, with social media users highlighting the disparity between his earnings and the average employee’s salary.

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Tags: chairmancroreearnedFY24LTmedianpeerssalarySNSubrahmanyanTimes
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