Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Tech Mahindra Team. If you also belong to the team, you can get access from here

Tech Mahindra Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Tech Mahindra Principal Consultant salaries in Chennai (Updated 2025)

Annual salary range
17 - 25 years exp.
₹21.8 Lakhs - ₹46.5 Lakhs
Salary of majority employees
unlock blur
Fixed (83%)
₹28.3 Lakhs
Variable (17%)
₹5.8 Lakhs
unlock blur

20% more than the average Principal Consultant Salary in IT Services & Consulting Companies for 17 - 25 years of experience

Interested in this particular role?

Salaries in different departments

Project & Program Management
Principal Consultant Salary
17 - 25 years exp. (8 salaries)
unlock-blur

₹23.6 L/yr - ₹38.5 L/yr

Consulting
Principal Consultant Salary
19 - 24 years exp. (4 salaries)
unlock-blur

₹22.5 L/yr - ₹46.5 L/yr

Engineering - Software & QA
Principal Consultant Salary
17 - 20 years exp. (3 salaries)
unlock-blur

₹21.8 L/yr - ₹36 L/yr

Customer Success, Service & Operations
Principal Consultant Salary
20 years exp. (AmbitionBox Estimate)
unlock-blur

₹29.4 L/yr - ₹32.9 L/yr

Strategic & Top Management
Principal Consultant Salary
23 years exp. (AmbitionBox Estimate)
unlock-blur

₹30 L/yr - ₹34.8 L/yr

Last Updated: 19 Mar 2025

Companies similar to Tech Mahindra for Principal Consultant in Chennai

Logo
Tech Mahindra Principal Consultant Salary

17 - 25 years exp. (21 salaries)

unlock blur

₹21.8 L/yr - ₹46.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Wipro Principal Consultant Salary

9 - 22 years exp. (222 salaries)

unlock blur

₹12 L/yr - ₹37.8 L/yr

arrow icon 19% less
11 job openings
Logo
Infosys Principal Consultant Salary

12 - 25 years exp. (173 salaries)

unlock blur

₹16.6 L/yr - ₹50 L/yr

arrow icon 1% less
1 job opening
Logo
Genpact Principal Consultant Salary

9 - 16 years exp. (28 salaries)

unlock blur

₹15 L/yr - ₹40.1 L/yr

arrow icon 19% less
3 job openings
Logo
Cognizant Principal Consultant Salary

10 - 17 years exp. (23 salaries)

unlock blur

₹11.9 L/yr - ₹25.4 L/yr

arrow icon 40% less
Logo
Birlasoft Principal Consultant Salary

11 - 18 years exp. (14 salaries)

unlock blur

₹11.1 L/yr - ₹32 L/yr

arrow icon 22% less
2 job openings
Logo
LTIMindtree Principal Consultant Salary

11 - 19 years exp. (13 salaries)

unlock blur

₹18.5 L/yr - ₹35 L/yr

arrow icon 16% less
Logo
TCS Principal Consultant Salary

11 - 29 years exp. (10 salaries)

unlock blur

₹20 L/yr - ₹75 L/yr

arrow icon 32% more
Logo
NTT Data Principal Consultant Salary

8 - 12 years exp. (10 salaries)

unlock blur

₹10 L/yr - ₹28 L/yr

arrow icon 28% less
Principal Consultant salary at Tech Mahindra ranges between ₹21.8 Lakhs to ₹46.5 Lakhs per year for employees with experience between 17 years to 25 years. Salary estimates are based on 21 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Principal Consultant in Chennai

1w ago
avg blur mobile
25 years exp.
1w ago
avg blur mobile
19 years exp.
2mo ago
avg blur mobile
24 years exp.
2mo ago
avg blur mobile
17 years exp.
4mo ago
avg blur mobile
20 years exp.
5mo ago
avg blur mobile
20 years exp.
6mo ago
avg blur mobile
20 years exp.
6mo ago
avg blur mobile
24 years exp.
6mo ago
avg blur mobile
24 years exp.
9mo ago
avg blur mobile
19 years exp.

Experience wise Tech Mahindra Principal Consultant salaries in Chennai

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
15+ years  (21 salaries)

unlock blur

₹21.8 L/yr - ₹46.5 L/yr

Similar Designation salaries in Tech Mahindra

Technical Lead Salary
(1.3k salaries)
unlock blur
₹9.49 L/yr - ₹30.26 L/yr
Project Lead Salary
(150 salaries)
unlock blur
₹8.65 L/yr - ₹32 L/yr
Senior Associate Salary
(129 salaries)
unlock blur
₹1.15 L/yr - ₹8 L/yr
unlock blur
₹13.95 L/yr - ₹48 L/yr
unlock blur
₹10.08 L/yr - ₹35 L/yr
unlock blur
₹10 L/yr - ₹30 L/yr
unlock blur
₹5.48 L/yr - ₹30.23 L/yr
unlock blur
₹9.3 L/yr - ₹32.6 L/yr
Lead Consultant Salary
(16 salaries)
unlock blur
₹10.04 L/yr - ₹25.54 L/yr

Top skills at Tech Mahindra for Principal Consultant

Gap Analysis Project Delivery Green Field Projects Business Solutions SAP PS Competency management Conceptualization Project Management Consulting System Management Regulatory Compliance Front Office Capability Building Banking Leadership

Salary related reviews for Tech Mahindra

1.0

Rated by 3 employees for salary & benefits

Project & Program Management Department

2.0
  •  posted on 21 Apr 2021

1.0
 for  Salary and Benefits

Likes

... from customer, i had to move on. Lobby works.. If u r marathi u will flourish.. No timely salary hikes... No promotions.. No growth map.. They juat want u4 and just work. Employee has become comodity and number

read more

Dislikes

Management needs to be changes who r sitting since 1996 and not allowing talented and motivatrd workforce to grow

  • Salary - Bad
  • +5 more

Full Time

 · 

IT & Information Security Department

3.0
  •  posted on 21 Mar 2025

2.0
 for  Salary and Benefits

Likes

Except Salary pay scale as per band and increment cycle, everything is good - Learning, Career Path, CSR, IJP.

read more
  • Skill development - Good
  • +2 more

Dislikes

Delay in increment, Management mostly the sales team delays the decision, Organization first associates later policy, Transport is from associates own pocket though an associate work as per client working hours.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 15 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing to like as what tht ecompany claims as facilities are the ones given by every company.

Dislikes

No salary hikes. If you get also, it will be 1 or 2 percent. For anything you need to raise request. Your bags will be checked everytime. No flexible location available. You need to travel long even if your team is not present there.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 15 Mar 2025

1.0
 for  Salary and Benefits

Likes

Till now nothing... I would recommend everyone, not to join unless you are completely jobless and need atleast something to survive...

read more

Dislikes

Almost everything, including the management, work life balance, salary benefits etc, nowhere you will find satisfaction, not even 30%...

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 12 Mar 2025

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Low Salary, No hikes, long working hours, calls for long hours after shift ends. Continuous calls from manager after work timings. No work life balance. No skill development as you are shifted from project to project when you start learning. No team bonding. Everyone tried to put blame on one another. No team lunches. No appreciation of work done. No comp off provided for working on weekends. Bad food on campus.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Tech Mahindra Principal Consultant Salary FAQs

What is the salary of Principal Consultant at Tech Mahindra in Chennai?
The average salary of a Principal Consultant at Tech Mahindra in Chennai typically ranges from ₹21.8 Lakhs to ₹46.5 Lakhs per year, depending on experience (from 17 years to 25 years).

The top 10% of Principal Consultant in Chennai at Tech Mahindra earn more than ₹38.6 Lakhs per year, and the top 1% earn over ₹46.5 Lakhs per year. Principal Consultant Salaries at Tech Mahindra 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 20+ Tech Mahindra employees in India.
What is the estimated take home salary of a Principal Consultant at Tech Mahindra in Chennai?
The estimated take-home salary of a Principal Consultant at Tech Mahindra in Chennai typically ranges from ₹2,07,016 to ₹2,15,240 per month. This is based on the average salary range of ₹21.8 Lakhs to ₹46.5 Lakhs per year for employees with experience ranging from 17 years to 25 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 20+ salaries received from various employees of Tech Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Principal Consultant at Tech Mahindra in Chennai?
To be a Principal Consultant at Tech Mahindra in Chennai, the key skills required include:

  • - Gap Analysis
  • - Project Delivery
  • - Green Field Projects
  • - Business Solutions
  • - SAP PS

These skills are highly valued at Tech Mahindra and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Tech Mahindra for Principal Consultant in India?
TCS ₹20.0 Lakhs to ₹75.0 Lakhs per year

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

Infosys ₹16.6 Lakhs to ₹50.0 Lakhs per year
LTIMindtree ₹18.5 Lakhs to ₹35.0 Lakhs per year
Genpact ₹15.0 Lakhs to ₹40.1 Lakhs per year
Wipro ₹12.0 Lakhs to ₹37.8 Lakhs per year
Birlasoft ₹11.1 Lakhs to ₹32.0 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 Consultant at Tech Mahindra in Chennai?
The salary growth for a Principal Consultant at Tech Mahindra in Chennai depends on factors such as experience, performance, and promotions. On average, a Principal Consultant in Chennai can expect the following growth trajectory at Tech Mahindra:

Experience Average Salary Range
15 years ₹21.8 Lakhs to ₹46.5 Lakhs per year
and so on.

Tell us how to improve this page.

Tech Mahindra Principal Consultant salary in Chennai ranges between ₹21.8 Lakhs to ₹46.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Tech Mahindra latest salaries received from various employees of Tech Mahindra.