By our commercial Correspondent
Mumbai: Chairman of the Tata Group companies, N Chandrasekharan received Rs 135.03 crore as his remuneration for the financial year 2023-24, Tata Sons sources said here.
Out of this, Rs. 121 .5 crore was as his commission for the holding company of the group, Tata Sons Limited’s profit went considerably up and hence his comission also rose, the sources added.
He received Rs 13.98 core, as his salaries, a tad over one crore rupee per month.
Tata Sons’ income for the year under review was Rs 43,893.98 crore , marking an increase of 25 per cent and the company’s net profit for the year was Rs 34,653.98 crore , showing an increase of 57 per cent.
The company paid Rs 1, 414 crore as dividend for its shareholders of which 66 per cent went to Tata Trusts and 18.4 per cent went to the Mystery family, one of the major shareholder of the Tata Sons Limited.
