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Luxoft Principal Software Engineer salaries in India (Updated 2025)

Annual salary range
11 - 14 years exp.
₹23 Lakhs - ₹36 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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11% less than the average Principal Software Engineer Salary in IT Services & Consulting Companies for 11 - 14 years of experience

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Salaries in different departments

Engineering - Software & QA
Principal Software Engineer Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹23 L/yr - ₹33 L/yr

Data Science & Analytics
Principal Software Engineer Salary
14 years exp. (AmbitionBox Estimate)
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₹32.4 L/yr - ₹39.6 L/yr

Last Updated: 23 Jan 2025

Companies similar to Luxoft for Principal Software Engineer

Company name Avg Annual Salary Open Jobs
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₹21 L/yr - ₹69 L/yr

arrow icon 63% more
3 job openings
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₹30 L/yr - ₹40 L/yr

arrow icon 25% more
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Movate Principal Software Engineer Salary

9 - 10 years exp. (5 salaries)

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₹36 L/yr - ₹46 L/yr

arrow icon 39% more
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₹36 L/yr - ₹53 L/yr

arrow icon 60% more
1 job opening
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TEKsystems Principal Software Engineer Salary

9 - 13 years exp. (4 salaries)

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₹14.7 L/yr - ₹27 L/yr

arrow icon 26% less
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₹17.5 L/yr - ₹28 L/yr

arrow icon 22% less
Principal Software Engineer salary at Luxoft ranges between ₹23 Lakhs to ₹36 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Luxoft.

Latest annual salaries shared by Luxoft Principal Software Engineer

3d ago
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14 years exp.
11mo ago
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12 years exp.
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11 years exp.
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13 years exp.

Experience wise Luxoft Principal Software Engineer salaries

Last Updated: 23 Jan 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.5 L/yr
12 years (AmbitionBox Estimate)

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₹29.7 L/yr - ₹37.9 L/yr
13 years (AmbitionBox Estimate)

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₹20.7 L/yr - ₹26.5 L/yr
14 years (AmbitionBox Estimate)

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₹32.4 L/yr - ₹41.4 L/yr

Similar Designation salaries in Luxoft

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₹9.85 L/yr - ₹36 L/yr
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₹3.4 L/yr - ₹8 L/yr
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₹20.15 L/yr - ₹36.3 L/yr
Software Engineer Salary
(210 salaries)
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₹4.5 L/yr - ₹17 L/yr
Senior Engineer Salary
(21 salaries)
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₹9.8 L/yr - ₹33 L/yr
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₹11 L/yr - ₹37.72 L/yr
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₹6.9 L/yr - ₹30 L/yr
Lead Engineer Salary
(112 salaries)
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₹15.16 L/yr - ₹36.4 L/yr
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₹5.45 L/yr - ₹20.25 L/yr
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₹15.5 L/yr - ₹30 L/yr

Salary related reviews for Luxoft

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 24 Feb 2025

4.0
 for  Salary and Benefits

Likes

Management does not disturb or assign you unnecessary work if you are tagged to a project. For skill development there are quite number of training’s are arranged. Medical coverage is good.

read more
  • Salary - Good
  • +2 more

Dislikes

...ur work. In that manner the motivation for work goes down as per my experience. Salary hike is very less from last 2-3 years for most employees there is no hike at all.

read more
  • Promotions - Poor

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 16 Feb 2024

4.0
 for  Salary and Benefits

Likes

Working at Luxoft has been a rewarding experience filled with opportunities for learning and personal development. One of the standout features of our workplace is the abundance of greenery that surrounds us, providing a tranquil environment that helps us rejuvenate after long hours of focused work. The presence of greenery not only adds to the aesthetic appeal of our workplace but also contributes significantly to our well-being. Furthermore, Luxoft is an ideal workplace for freshers seeking to kickstart their carrer in the tech industry.

read more
  • Salary - Good
  • +6 more

Dislikes

One notable aspect is the starting pay for freshers, which tends to be on the lower side compared to industry standards. While this can be deterrent for some, it's essential to recognize that Luxoft compensates for this through its robust learning and development opportunities.

read more

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

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 07 Feb 2024

3.0
 for  Salary and Benefits

Likes

...e at all. However, high quality levels are required in order to satisfy clients. Colleagues are great, salary is slightly above average.There are many ways to improve you career path and the company provides many learning tools and courses. Work-life balance is good, and working from home is possible. The company also provides some benefits, like lunch tickets and discounts on several e-shops.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary could be higher.

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 11 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary, Work from home

  • Salary - Good
  • +3 more

Dislikes

Job Security is ...less No project means you will be in Notice Period directly (Its Official Direct Contract To Hire Company ), Its Controlled by DXC Managers , No independent stand. Search for better options...

read more
  • Job security - Bad
  • +1 more
see more salary related reviews

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Luxoft Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at Luxoft ?
The average salary of a Principal Software Engineer at Luxoft in India typically ranges from ₹23.0 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 11 years to 14 years).

The top 10% of Principal Software Engineer at Luxoft earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Principal Software Engineer Salaries at Luxoft 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 Luxoft employees in India.
What is the estimated take home salary of a Principal Software Engineer at Luxoft in India?
The estimated take-home salary of a Principal Software Engineer at Luxoft in India typically ranges from ₹1,78,404 to ₹1,85,334 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 11 years to 14 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 Luxoft. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Luxoft for Principal Software Engineer in India?
HERE Technologies ₹21.0 Lakhs to ₹69.0 Lakhs per year
Diebold Nixdorf ₹36.0 Lakhs to ₹53.0 Lakhs per year
Movate ₹36.0 Lakhs to ₹46.0 Lakhs per year
SS&C TECHNOLOGIES ₹30.0 Lakhs to ₹40.0 Lakhs per year

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

Collabera Technologies ₹17.5 Lakhs to ₹28.0 Lakhs per year
TEKsystems ₹14.7 Lakhs to ₹27.0 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 Software Engineer at Luxoft in India?
The salary growth for a Principal Software Engineer at Luxoft depends on factors such as experience, performance, and promotions. On average, a Principal Software Engineer can expect the following growth trajectory at Luxoft:

Experience Average Salary Range
11 years ₹20.7 Lakhs to ₹26.5 Lakhs per year
12 years ₹29.7 Lakhs to ₹37.9 Lakhs per year
13 years ₹20.7 Lakhs to ₹26.5 Lakhs per year
14 years ₹32.4 Lakhs to ₹41.4 Lakhs per year
and so on.

Tell us how to improve this page.

Luxoft Principal Software Engineer salary in India ranges between ₹23 Lakhs to ₹36 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Luxoft latest salaries received from various employees of Luxoft.