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Luxoft Principal Consultant salaries in Mumbai

Annual salary range
14 - 20 years exp.
₹31 Lakhs - ₹48 Lakhs
Salary of majority employees
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35% more than the average Principal Consultant Salary in IT Services & Consulting Companies for 14 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Principal Consultant Salary
14 - 20 years exp. (3 salaries)
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₹34.5 L/yr - ₹40.7 L/yr

Data Science & Analytics
Principal Consultant Salary
17 years exp. (AmbitionBox Estimate)
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₹36.5 L/yr - ₹48 L/yr

Engineering - Software & QA
Principal Consultant Salary
15 years exp. (AmbitionBox Estimate)
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₹31 L/yr - ₹39.8 L/yr

Last Updated: 24 Jan 2025

Companies similar to Luxoft for Principal Consultant in Mumbai

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Luxoft Principal Consultant Salary

14 - 20 years exp. (5 salaries)

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₹31 L/yr - ₹48 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Principal Consultant Salary

11 - 29 years exp. (6 salaries)

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₹25 L/yr - ₹67.5 L/yr

arrow icon 25% more
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Infosys Principal Consultant Salary

12 - 24 years exp. (57 salaries)

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₹18 L/yr - ₹49.5 L/yr

arrow icon 4% less
1 job opening
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Wipro Principal Consultant Salary

9 - 22 years exp. (110 salaries)

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₹15.8 L/yr - ₹44 L/yr

arrow icon 25% less
1 job opening
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Tech Mahindra Principal Consultant Salary

15 - 24 years exp. (18 salaries)

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₹19.5 L/yr - ₹40 L/yr

arrow icon 16% less
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Accenture Principal Consultant Salary

13 - 15 years exp. (3 salaries)

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₹42 L/yr - ₹45 L/yr

arrow icon 10% more
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LTIMindtree Principal Consultant Salary

15 - 19 years exp. (3 salaries)

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₹20 L/yr - ₹32 L/yr

arrow icon 20% less
Principal Consultant salary at Luxoft ranges between ₹31 Lakhs to ₹48 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Luxoft.

Latest annual salaries shared by Luxoft Principal Consultant in Mumbai

4w ago
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17 years exp.
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20 years exp.
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14 years exp.
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14 years exp.
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15 years exp.

Experience wise Luxoft Principal Consultant salaries in Mumbai

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹34.5 L/yr - ₹38 L/yr
15+ years  (3 salaries)

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₹31 L/yr - ₹48 L/yr

Similar Designation salaries in Luxoft

Lead Engineer Salary
(3 salaries)
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₹21 L/yr - ₹29.63 L/yr

Top skills at Luxoft for Principal Consultant

Test Cases Management Manual Core banking Project Planning Banking Software Software Solutions Subject Matter Expertise Accounting Retail T24 Business Solutions Temenos Customer Interfacing

Salary related reviews for Luxoft

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 18 Oct 2024

3.0
 for  Salary and Benefits

Likes

It works based on individual's capabilities. If you have the required Skill set, you will find it very conducive.

Dislikes

No hikes for the past 2 years. No bonus. No integration with the company if you're working from client office. No feeling of belonging. You're owned by neither luxoft not client. You're on your own. You'll feel like you're a freelance contractor here. Leaves are limited. No time for trainings or personal development. Lot of uncertainty and anxiety if your contract with the client is coming to an end. Internal mobility is for namesake, unless your skills are highly in demand.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 30 May 2024

5.0
 for  Salary and Benefits

Likes

Everything is best about the company be it salary package,benefits,insurance coverage for employee upto 10 lakhs and for parents upto 7 Lakhs, no micro management,full remote or as per how your project operates,trainings in recognized platforms and supportive Managers.Last but not the least Internal mobility.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Very less Projects in specific locations like Chennai and dependent on 1 or 2 Major accounts.

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 21 May 2024

3.0
 for  Salary and Benefits

Likes

Salary is credited on time and it provides lot of learning opportunities by organizing training sessions.

read more
  • Skill development - Good
  • +1 more

Dislikes

Changing project is quite tedious and in my i work at client location and its very hard to keeps up with Luxoft meetings and trainings. In Luxoft management do not care about individuals interest areas they will just assign you a project so that billings keeps on coming.

read more
  • Job security - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 19 Dec 2023

3.0
 for  Salary and Benefits

Likes

Luxoft provides a clear direction and set achievable goals , creating a positive work culture that fosters workplace productivity and innovation and follows a strong mentorship program to provide guidance and support for employees at all levels. This program fosters a sense of community and encourage employees to learn from each other, promoting growth and development.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Management needs to look into the appraisal process. No periodic hikes. No provision for bonus.

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Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 11 Oct 2023

3.0
 for  Salary and Benefits

Likes

Over all OK. You can not compare with othe big companies.

Dislikes

1. Poor project management. 2. They will not provide salary industry standard. 3. Over all management is very. 4. No office cafeteria. 5. After 5 pm no office boy will be available in office. 6. You can not develop your skill set.

read more
  • Skill development - Bad
  • +2 more
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Luxoft Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Luxoft Mumbai?
Principal Consultant salary at Luxoft in Mumbai ranges between ₹31.0 Lakhs to ₹48.0 Lakhs for experience between 14 years to 20 years. According to our estimates it is 35% more than the average Principal Consultant Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Luxoft Mumbai.
How does the salary of a Principal Consultant at Luxoft Mumbai compare with the average salary range for this job?
The average salary of a Principal Consultant at Luxoft is 35% more than the average salary of a Principal Consultant in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Principal Consultant at Luxoft?
Test Cases, Management, Manual, Core banking and Project Planning are some of the popular skills required to work as a Principal Consultant at Luxoft Mumbai.
Which similar companies are paying more than Luxoft to a Principal Consultant in Mumbai?
  • TCS Principal Consultant Salary - ₹25.0 Lakhs to ₹67.5 Lakhs per year
  • Accenture Principal Consultant Salary - ₹42.0 Lakhs to ₹45.0 Lakhs per year
What is the salary of a Principal Consultant in companies similar to Luxoft in Mumbai?
  • Infosys Principal Consultant Salary - ₹18.0 Lakhs to ₹49.5 Lakhs per year
  • Tech Mahindra Principal Consultant Salary - ₹19.5 Lakhs to ₹40.0 Lakhs per year
  • LTIMindtree Principal Consultant Salary - ₹20.0 Lakhs to ₹32.0 Lakhs per year
  • Wipro Principal Consultant Salary - ₹15.8 Lakhs to ₹44.0 Lakhs per year
What is the estimated take home salary of a Principal Consultant at Luxoft in Mumbai?
The estimated take-home salary of a Principal Consultant at Luxoft ranges between ₹2,30,349 per month to ₹2,39,627 per month in Mumbai. The take-home salary calculation is based on the average Luxoft Principal Consultant salary in India which ranges between ₹31.0 Lakhs to ₹48.0 Lakhs per year for employees with experience between 14 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Principal Consultant at Luxoft in Mumbai?
According to AmbitionBox, 80% of the Luxoft Principal Consultants in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Luxoft Principal Consultant salary in Mumbai ranges between ₹31 Lakhs to ₹48 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Luxoft latest salaries received from various employees of Luxoft.