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L&T Technology Services Principal Engineer salaries in India

Annual salary range
11 - 18 years exp.
₹15 Lakhs - ₹25.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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32% less than the average Principal Engineer Salary in IT Services & Consulting Companies for 11 - 18 years of experience

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Salaries in different departments

Engineering - Software & QA
Principal Engineer Salary
15 years exp. (AmbitionBox Estimate)
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₹23 L/yr - ₹28.1 L/yr

Research & Development
Principal Engineer Salary
11 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 26 Apr 2024

Companies similar to L&T Technology Services for Principal Engineer

Company name Avg Annual Salary Open Jobs
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Nagarro Principal Engineer Salary

12 - 19 years exp. (228 salaries)

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₹21.8 L/yr - ₹51 L/yr

arrow icon 83% more
13 job openings
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FIS Principal Engineer Salary

10 - 18 years exp. (73 salaries)

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₹18 L/yr - ₹37 L/yr

arrow icon 30% more
1 job opening
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Optum Global Solutions Principal Engineer Salary

10 - 18 years exp. (27 salaries)

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₹39.5 L/yr - ₹75 L/yr

arrow icon 152% more
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Quest Global Principal Engineer Salary

12 - 31 years exp. (19 salaries)

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₹19 L/yr - ₹40 L/yr

arrow icon 52% more
1 job opening
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Mphasis Principal Engineer Salary

6 - 10 years exp. (10 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 19% less
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LTIMindtree Principal Engineer Salary

9 - 17 years exp. (9 salaries)

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₹30 L/yr - ₹60 L/yr

arrow icon 110% more
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₹26 L/yr - ₹85 L/yr

arrow icon 141% more
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Cyient Principal Engineer Salary

15 - 22 years exp. (5 salaries)

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₹8.5 L/yr - ₹38 L/yr

arrow icon 6% more
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Persistent Systems Principal Engineer Salary

5 - 19 years exp. (5 salaries)

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₹38.4 L/yr - ₹55 L/yr

arrow icon 114% more
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DXC Technology Principal Engineer Salary

13 - 20 years exp. (4 salaries)

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₹23.4 L/yr - ₹48 L/yr

arrow icon 73% more
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GlobalLogic Principal Engineer Salary

8 - 16 years exp. (4 salaries)

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₹21 L/yr - ₹34 L/yr

arrow icon 31% more
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NTT Data Principal Engineer Salary

11 - 17 years exp. (4 salaries)

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₹12.6 L/yr - ₹35 L/yr

arrow icon 4% more
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Coforge Principal Engineer Salary

12 - 17 years exp. (4 salaries)

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₹21 L/yr - ₹45 L/yr

arrow icon 56% more
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₹24.8 L/yr - ₹43.5 L/yr

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₹15.3 L/yr - ₹32 L/yr

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Principal Engineer salary at L&T Technology Services ranges between ₹15 Lakhs to ₹25.5 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Technology Services.

Latest annual salaries shared by L&T Technology Services Principal Engineer

8mo ago
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15 years exp.
1y ago
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18 years exp.
1y ago
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11 years exp.

Experience wise L&T Technology Services Principal Engineer salaries

Last Updated: 26 Apr 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹15 L/yr - ₹19.2 L/yr
12 years (AmbitionBox Estimate)

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₹16.3 L/yr - ₹20.8 L/yr
13 years (AmbitionBox Estimate)

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₹17.6 L/yr - ₹22.5 L/yr
14 years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.1 L/yr
15+ years  (3 salaries)

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₹24 L/yr - ₹25.5 L/yr

Similar Designation salaries in L&T Technology Services

Senior Engineer Salary
(5.9k salaries)
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₹5 L/yr - ₹15 L/yr
Lead Engineer Salary
(102 salaries)
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₹9 L/yr - ₹30 L/yr
Principal Software Engineer Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Principal Consultant Salary
(AmbitionBox Estimate)
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₹43.2 L/yr - ₹55.2 L/yr
Software Engineer Salary
(1.4k salaries)
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₹3 L/yr - ₹10 L/yr
Technical Manager Salary
(180 salaries)
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₹10.97 L/yr - ₹44 L/yr
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₹13 L/yr - ₹27.5 L/yr
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₹11.15 L/yr - ₹42 L/yr
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₹5.6 L/yr - ₹20 L/yr
Technical Lead Salary
(2.1k salaries)
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₹8.5 L/yr - ₹30 L/yr

Salary related reviews for L&T Technology Services

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 18 Mar 2025

3.0
 for  Salary and Benefits

Likes

Salary I got was good I got hybrid work

Dislikes

2 months of bench and you will be put on loss of pay from 3rd month. No WFH on bench, during LOP also you have to come to office. Bench is horrible, projects will block you for weeks and you'll be not able to give interview for other projects and after that they will release you and your bench period will be wasted. Old mnc culture still manager's are in old decade. Get as much as hike you can get, very less hike Very less projects for Hyderabad in development role

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 02 Mar 2025

1.0
 for  Salary and Benefits

Likes

Variable pay us 10% And good health policy

Dislikes

As per we know that less project in l&t because of their regin work issues and if no project they mark employees to bench and after two months loss of pay means no salary. They don't have work.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 01 Feb 2025

1.0
 for  Salary and Benefits

Likes

Timely salary

Dislikes

They don't have any projects. Most of the resources are on bench Higher management has no clue on the upcoming projects. They will randomly assign you to a project irrespective of whether your tech stack matches or not In name of appraisal they will not give more than 5% increment even if you have performed great and have won stellar (LTTS Internal award) I believe it's worst of all the MNCs

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Jan 2025

1.0
 for  Salary and Benefits

Likes

Only salary comes on time .

Dislikes

...elationship. Banch period only for 2 months only even notice period is 3 month.. after 2 months banch period company will hold the salary. No job security. Increment is very poor even top performer increment in single digit. They are trying to work on weekends also.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Research & Development Department

1.0
  •  posted on 15 Jan 2025

1.0
 for  Salary and Benefits

Likes

They are paying salary on time and its mediclaim is really good.

Dislikes

Management never provide proper increment, No work life balance, It's desk job, Many senior employee has not practical knowledge of field, There is no salary Slab according to year of experience, Even employee have no work then also management can't relieve early during notice period. Leave policy is also not good. HR is never supporting.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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L&T Technology Services Principal Engineer Salary FAQs

What is the salary of Principal Engineer at L&T Technology Services ?
The average salary of a Principal Engineer at L&T Technology Services in India typically ranges from ₹15.0 Lakhs to ₹25.5 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Principal Engineer at L&T Technology Services earn more than ₹25.5 Lakhs per year, and the top 1% earn over ₹25.5 Lakhs per year. Principal Engineer Salaries at L&T Technology Services can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 L&T Technology Services employees in India.
What is the estimated take home salary of a Principal Engineer at L&T Technology Services in India?
The estimated take-home salary of a Principal Engineer at L&T Technology Services in India typically ranges from ₹1,39,859 to ₹1,45,046 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹25.5 Lakhs per year for employees with experience ranging from 11 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of L&T Technology Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than L&T Technology Services for Principal Engineer in India?
Optum Global Solutions ₹39.5 Lakhs to ₹75.0 Lakhs per year
Hewlett Packard Enterprise ₹26.0 Lakhs to ₹85.0 Lakhs per year
Persistent Systems ₹38.4 Lakhs to ₹55.0 Lakhs per year
LTIMindtree ₹30.0 Lakhs to ₹60.0 Lakhs per year
Nagarro ₹21.8 Lakhs to ₹51.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T Technology Services, depending on the role and experience level.
What is the salary of a Principal Engineer in companies similar to L&T Technology Services in India?
The salary of a Principal Engineer at companies similar to L&T Technology Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

DXC Technology ₹23.4 Lakhs to ₹48.0 Lakhs per year
Bosch Global Software Technologies ₹24.8 Lakhs to ₹43.5 Lakhs per year
Coforge ₹21.0 Lakhs to ₹45.0 Lakhs per year
Quest Global ₹19.0 Lakhs to ₹40.0 Lakhs per year
GlobalLogic ₹21.0 Lakhs to ₹34.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Principal Engineer at L&T Technology Services in India?
The salary growth for a Principal Engineer at L&T Technology Services depends on factors such as experience, performance, and promotions. On average, a Principal Engineer can expect the following growth trajectory at L&T Technology Services:

Experience Average Salary Range
11 years ₹15.0 Lakhs to ₹19.2 Lakhs per year
12 years ₹16.3 Lakhs to ₹20.8 Lakhs per year
13 years ₹17.6 Lakhs to ₹22.5 Lakhs per year
14 years ₹18.9 Lakhs to ₹24.1 Lakhs per year
and so on.

Tell us how to improve this page.

L&T Technology Services Principal Engineer salary in India ranges between ₹15 Lakhs to ₹25.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 L&T Technology Services latest salaries received from various employees of L&T Technology Services.