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Chief executive Thierry Delaporte<\/a>’s compensation also fell, but by a smaller 5%.
In FY23, Premji received $951,353 (Rs 7.9 crore) in salary, compared with nearly $1.82 million the year before, the company said in its annual report to the US Securities and Exchange Commission.
Premji is entitled to a commission at the rate of 0.35% on incremental consolidated net profit of Wipro Ltd<\/a> over the previous fiscal year, said the report. “However, in light of the fact that the incremental consolidated net profits for fiscal year 2023 was negative, the company determined that no commission was payable for fiscal year 2023 to Mr Rishad A Premji,” said the company, which has its American depositary shares listed on the Nasdaq.
Delaporte, who is also the company’s managing director, received $10 million (Rs 83 crore), compared with $10.5 million in FY22. Delaporte was the highest paid CEO in the Indian IT sector in FY22. Within his salary components, variable pay fell 50% to $1.3 million, while long-term compensation benefits more than doubled to $4.17 million.
Wipro, India’s fourth largest software exporter, missed estimates to report a flat fiscal fourth-quarter net profit, while flagging uncertainties in technology spending by clients. Wipro guided for revenue to drop between 1% and 3% in the April-June quarter, owing to a negative demand outlook.
According to the report, Wipro’s gross profit as a percentage of revenue from the IT Services segment decreased 0.94 percentage point, primarily due to an increase in employee compensation cost by Rs 7,429.5 crore. This higher employee cost was due to promotions and increase in headcount including through acquisitions. There were also incremental subcontracting costs of Rs 607.3 crore, increase in travel expenses by Rs 323.2 crore as Covid-19 travel restrictions were eased and higher software licence costs for internal use (Rs 407.4 crore).
In absolute terms, cost of revenue increased 16.11% to Rs 64,544 crore, primarily due to the increase in employee compensation that rose 19.4%. As of March 31, 2023, Wipro’s workforce comprised 36.4% women. Around 17% of senior leadership roles and 22.7% management positions were held by women.
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普莱姆基Wipro董事长Rishad减薪50%,Delaporte 5%
普莱姆基FY23,获得了951353美元(7.9卢比)的薪水,与前一年近182万美元相比,该公司在其年度报告中表示,美国证券交易委员会(sec)。
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首席执行官亨利Delaporte的补偿也下降了,但小5%。
普莱姆基FY23,获得了951353美元(7.9卢比)的薪水,与前一年近182万美元相比,该公司在其年度报告中表示,美国证券交易委员会(sec)。
普有权一个委员会的速度增量合并净利润的0.35%Wipro Ltd .)在过去的财政年度,该报告说。“然而,增量的事实合并2023财年净利润为负的,该公司决定,没有应付财政委员会2023年普莱姆基Rishad先生,”说,该公司,它有它的美国存托股票在纳斯达克上市。
Delaporte,也是该公司的董事总经理,获得了1000万美元(83卢比),相比之下,1050万美元的FY22。Delaporte是片酬最高的首席执行官在FY22印度IT部门。在他的薪水组件,可变工资下降50%至130万美元,而长期薪酬福利增加了一倍以上,至417万美元。
Wipro是印度第四大软件出口国,错过了估计报告一个平坦的第四财季净利润,而萎靡不振的客户的科技支出的不确定性。Wipro引导收入下降1%至3%,第二季度,由于负需求前景。
据报道,Wipro的总利润的比例从IT服务部门的收益下降了0.94%,主要是由于员工薪酬的增加成本7429卢比。这个员工成本较高是由于员工晋升和增加包括通过收购。也有增量的分包成本607.3卢比,增加差旅费用由323.2卢比Covid-19旅行限制被取消和软件许可成本较高(407.4卢比)供内部使用。
按绝对值计算,收入增加了16.11%,达到64544卢比,成本的增加主要是由于员工薪酬增长了19.4%。截至2023年3月31日,Wipro妇女劳动力占36.4%。大约17%的高层管理职位由女性角色和22.7%。
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