Larsen & Toubro Limited Mumbai Business Manager Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹4.8 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Business Manager Salary in Engineering & Construction Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.7 L/yr
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Finance & Accounting Business Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7 L/yr

Last Updated: 9 Jan 2025

Companies similar to Larsen & Toubro Limited for Business Manager in Mumbai

Larsen & Toubro Limited Business Manager Salary

2 - 6 years exp. (5 salaries)

₹4.8 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Performics Business Manager Salary 2 - 7 years exp. (52 salaries)	₹6.6 L/yr - ₹13 L/yr 57% more
LivSpace Business Manager Salary 2 - 10 years exp. (50 salaries)	₹6 L/yr - ₹16 L/yr 62% more	10 job openings
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Groupm Media Business Manager Salary 2 - 8 years exp. (48 salaries)	₹5.5 L/yr - ₹13.1 L/yr 44% more
Publicis Business Manager Salary 4 - 10 years exp. (31 salaries)	₹7 L/yr - ₹17.5 L/yr 111% more
L&T Finance Business Manager Salary 2 - 9 years exp. (25 salaries)	₹4.2 L/yr - ₹8.5 L/yr 1% more

Business Manager salary at Larsen & Toubro Limited ranges between ₹4.8 Lakhs to ₹7 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Business Manager salaries in Mumbai

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr

Similar Designation salaries in Larsen & Toubro Limited

Marketing Manager Salary

(16 salaries)

₹15 L/yr - ₹24 L/yr

Store Manager Salary

(11 salaries)

₹12 L/yr - ₹25 L/yr

Deputy Manager Salary

(7 salaries)

₹11.1 L/yr - ₹17 L/yr

Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹11.66 L/yr

Area Sales Manager Salary

(3 salaries)

₹4.2 L/yr - ₹6.45 L/yr

Salary related reviews for Larsen & Toubro Limited

Store Manager in New Delhi

Full Time

Procurement & Supply Chain Department

5.0

• posted on 10 Oct 2023

3.0

for Salary and Benefits

Likes

Salary credited on due date or before due date. Big brand name. feeling proud to be associated with this organisation

Job security - Excellent

Dislikes

the appraisal system and no exposure for warehouse people who are one of the key role player in P&L of any site

Skill development - Poor

+3 more

Relationship Manager in New Delhi

Full Time

Procurement & Supply Chain Department

3.0

• posted on 11 May 2022

2.0

for Salary and Benefits

Likes

Timely salary, Dell Laptop to work with, trip to Lonavala

Dislikes

People don't leave the organization they leave their managers. Banking culture, daily grilling, managers don't have ground level knowledge, no conveyance.

Salary - Poor

+4 more

Relationship Manager (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 10 Nov 2024

3.0

for Salary and Benefits

Likes

Nothing except the salary coming on time

Dislikes

No leadership role. No perfect trainings. State head remains always in ego and has nothing to add up in system or employee to increase the potential. No mentorship, no accountability and RH also remains in cave until there is kick from central team.

Skill development - Bad

+5 more

Branch Manager in Tc Koot Road

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 22 Jul 2023

5.0

for Salary and Benefits

Likes

Best salary in industry, life balance very excellent

Salary - Excellent

+3 more

Dislikes

Job security very worst, no one support critical situation. If you met accident at office time no one not supported you,leave , salary not porived, Transfer not given,

Skill development - Poor

+2 more

Business Development Manager in L&T Kansbahal

Construction & Site Engineering Department

5.0

• posted on 10 Jun 2022

5.0

for Salary and Benefits

Likes

The work culture and very unique management. Company policies are very good.

Salary - Excellent

+6 more

Dislikes

... level. Appraisal or fair process is also not good and it is vary from IC to IC. The appraisal process need much more improvement and deserving candidates are continuing in same performance level year and year hence it hampers the growth in salary. The salary is very less and the major part of appreciation is shared with only the outstanding performers. And growth of salary is also very less comparatively to current market conditions. Compensation of all benefits are also not given and mostly shared with top performers.

see more salary related reviews

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Seeking Referral

Hi everyone, I’m currently exploring new career opportunities and would greatly appreciate a referral at any of the following companies: Google Larsen & Toubro (L&T) Boston Consulting Group (BCG) GMR Group Clifford Chance If you’re an employee at any of these organizations or know someone who could help, I’d be grateful for your support. Please feel free to reach out, and I’d be happy to share my resume and details.

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Larsen & Toubro Limited Business Manager Salary FAQs

What is the salary of Business Manager at Larsen & Toubro Limited in Mumbai?

The average salary of a Business Manager at Larsen & Toubro Limited in Mumbai typically ranges from ₹4.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Business Manager in Mumbai at Larsen & Toubro Limited earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Business Manager Salaries at Larsen & Toubro Limited 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 5 Larsen & Toubro Limited employees in India.

What is the estimated take home salary of a Business Manager at Larsen & Toubro Limited in Mumbai?

The estimated take-home salary of a Business Manager at Larsen & Toubro Limited in Mumbai typically ranges from ₹47,228 to ₹48,347 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 5 salaries received from various employees of Larsen & Toubro Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Larsen & Toubro Limited for Business Manager in India?

Publicis	₹7.0 Lakhs to ₹17.5 Lakhs per year
LivSpace	₹6.0 Lakhs to ₹16.0 Lakhs per year
Performics	₹6.6 Lakhs to ₹13.0 Lakhs per year
Groupm Media	₹5.5 Lakhs to ₹13.1 Lakhs per year
L&T Finance	₹4.2 Lakhs to ₹8.5 Lakhs per year

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

How the salary growth look like for a Business Manager at Larsen & Toubro Limited in Mumbai?

The salary growth for a Business Manager at Larsen & Toubro Limited in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Manager in Mumbai can expect the following growth trajectory at Larsen & Toubro Limited:

Experience	Average Salary Range
2 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
3 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
4 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
5 years	₹5.6 Lakhs to ₹7.2 Lakhs per year

and so on.

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Larsen & Toubro Limited Business Manager Salaries in Mumbai

Larsen & Toubro Limited Business Manager salary in Mumbai ranges between ₹4.8 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.