Bharti Airtel chairman Sunil Mittal’s remuneration jumps 92%, what company’s note to shareholders said
By
Isha Sharma
Bharti Airtel chairman Sunil Mittal’s compensation skyrocketed by 92% to Rs 32.27 crore in the financial year 2023-24. This significant increase comes after a three-year period of reduced pay, during which the telecom giant grappled with industry challenges, regulatory setbacks, and the pandemic.
The company’s annual report reveals that Mittal’s salary was intentionally lowered to Rs 15 crore from FY21 to FY23 to align with Airtel’s financial performance.