L&T Construction Mumbai Manager M1 Salaries by 4 Employees (Updated 2025)

8 - 12 years exp.

₹13.5 Lakhs - ₹16 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% more than the average Manager M1 Salary in Engineering & Construction Companies for 8 - 12 years of experience

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Salaries in different departments

Construction & Site Engineering Manager M1 Salary 8 - 10 years exp. (3 salaries)	₹13.5 L/yr - ₹14.4 L/yr
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Quality Assurance Manager M1 Salary 12 years exp. (AmbitionBox Estimate)	₹14.7 L/yr - ₹16 L/yr

Last Updated: 13 Jan 2025

Companies similar to L&T Construction for Manager M1 in Mumbai

L&T Construction Manager M1 Salary

8 - 12 years exp. (4 salaries)

₹13.5 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Manager M1 Salary 11 - 17 years exp. (6 salaries)	₹10 L/yr - ₹20 L/yr 1% more
Hindustan Construction Company Manager M1 Salary 10 - 16 years exp. (5 salaries)	₹9.5 L/yr - ₹12 L/yr 23% less
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ICICI Bank Manager M1 Salary 1 - 17 years exp. (510 salaries)	₹4.5 L/yr - ₹17.3 L/yr 24% less
ICICI Prudential Life Insurance Manager M1 Salary 1 - 11 years exp. (27 salaries)	₹6 L/yr - ₹9.9 L/yr 47% less
ICICI Securities Manager M1 Salary 4 - 10 years exp. (27 salaries)	₹4.3 L/yr - ₹9 L/yr 54% less

Manager M1 salary at L&T Construction ranges between ₹13.5 Lakhs to ₹16 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of L&T Construction.

Experience wise L&T Construction Manager M1 salaries in Mumbai

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
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10 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
11 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
12 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr

Similar Designation salaries in L&T Construction

Project Manager Salary

(12 salaries)

₹20 L/yr - ₹44.5 L/yr

Salary related reviews for L&T Construction

Project Manager in Chandigarh

Full Time

Construction & Site Engineering Department

3.0

• posted on 29 Sep 2020

3.0

for Salary and Benefits

Likes

Good work culture .

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and management doesn't address our issues. Salary is quite low from current market structure. Company don't take care of there employee. A governmental stress given mental shataabdi employees

Team Lead in Nagpur

Full Time

Project & Program Management Department

5.0

• posted on 19 Nov 2018

4.0

for Salary and Benefits

Likes

... years. It is awesome work place as well as office culture is very interesting. Appraisals and salary is Gud. It learning experience for me.

Salary - Good

+5 more

Dislikes

Work Load is very high but I am also workaholic person.

Department Manager in Surat

Plant Management Department

4.0

• posted on 28 Jun 2022

4.0

for Salary and Benefits

Likes

The Most trusted , well organized and good qualities to organizational values , ease platform for learning and builds confidence , healthy working environment , user friendly HR support , esteem engineering value , nice platform for development of interpersonal skills .

Salary - Good

+6 more

Dislikes

...ce to another ( Educational chains of children's are completely disturbed. SALARY & APPRRAISAL - More politics during the time of appraisal, Proper fair decision should not taken since employee are not encouraged who are hard working and laborious that directly impact to the career growth in internal as well as external verbs .

Team Manager in Vadodara

Project Management Department

5.0

• posted on 30 Jan 2022

3.0

for Salary and Benefits

Likes

Learning best Work culture best Compensation/salary -40% less from industry. Start carreer from L&T or take experience of this company and convert this experience into excellent compensation while changing.

Skill development - Excellent

+4 more

Dislikes

Salary compensation

Business Development Manager in Kolkata

Sales & Business Development Department

2.0

• posted on 06 Nov 2018

1.0

for Salary and Benefits

Likes

Nothing. Terrible work-life balance. Poor company culture especially in kolkata region. Terrible compensation & benefits. You are always at risk of losing your job. Highly dissatisfied work profile and overall a terrible experience during the tenure at L&T, ECC division.

Dislikes

Terrible work-life balance. You are treated almost similar to a laborer. All points mentioned above are also applicable.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L&T Construction Manager M1 Salary FAQs

What is the salary of Manager M1 at L&T Construction in Mumbai?

The average salary of a Manager M1 at L&T Construction in Mumbai typically ranges from ₹13.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Manager M1 in Mumbai at L&T Construction earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Manager M1 Salaries at L&T Construction 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 Construction employees in India.

What is the estimated take home salary of a Manager M1 at L&T Construction in Mumbai?

The estimated take-home salary of a Manager M1 at L&T Construction in Mumbai typically ranges from ₹99,907 to ₹1,02,626 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 Construction. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Construction for Manager M1 in India?

Larsen & Toubro Limited

₹10.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T Construction, depending on the role and experience level.

What is the salary of a Manager M1 in companies similar to L&T Construction in Mumbai?

The salary of a Manager M1 at companies similar to L&T Construction in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hindustan Construction Company	₹9.5 Lakhs to ₹12.0 Lakhs per year
ICICI Bank	₹4.5 Lakhs to ₹17.3 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹9.9 Lakhs per year
ICICI Securities	₹4.3 Lakhs to ₹9.0 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 Manager M1 at L&T Construction in Mumbai?

The salary growth for a Manager M1 at L&T Construction in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager M1 in Mumbai can expect the following growth trajectory at L&T Construction:

Experience	Average Salary Range
8 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
9 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
10 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
11 years	₹13.0 Lakhs to ₹16.6 Lakhs per year

and so on.

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L&T Construction Manager M1 Salaries in Mumbai

L&T Construction Manager M1 salary in Mumbai ranges between ₹13.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 L&T Construction latest salaries received from various employees of L&T Construction.