Larsen & Toubro Limited Chennai Manager M1 Salaries by 6 Employees

10 - 13 years exp.

₹13.5 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (92%)

₹14.6 Lakhs

Variable (8%)

₹1.3 Lakh

53% more than the average Manager M1 Salary in Engineering & Construction Companies for 10 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Construction & Site Engineering Manager M1 Salary 10 - 11 years exp. (4 salaries)	₹13.5 L/yr - ₹20 L/yr
Login to view exact salary
Procurement & Supply Chain Manager M1 Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹14.3 L/yr - ₹17.1 L/yr

Last Updated: 13 Aug 2024

Companies similar to Larsen & Toubro Limited for Manager M1 in Chennai

Larsen & Toubro Limited Manager M1 Salary

10 - 13 years exp. (6 salaries)

₹13.5 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Afcons Infrastructure Manager M1 Salary 14 - 20 years exp. (3 salaries)	₹14.1 L/yr - ₹18 L/yr 1% less
ICICI Bank Manager M1 Salary 1 - 16 years exp. (104 salaries)	₹5.8 L/yr - ₹13 L/yr 37% less
Login to view exact salary
Capgemini Manager M1 Salary 9 - 16 years exp. (11 salaries)	₹15.7 L/yr - ₹21 L/yr 5% more
Equitas Small Finance Bank Manager M1 Salary 8 - 13 years exp. (10 salaries)	₹6 L/yr - ₹11 L/yr 46% less
HDFC Bank Manager M1 Salary 6 - 12 years exp. (9 salaries)	₹5.5 L/yr - ₹11 L/yr 49% less

Manager M1 salary at Larsen & Toubro Limited ranges between ₹13.5 Lakhs to ₹20 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Manager M1 salaries in Chennai

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
11 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
13 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr

Similar Designation salaries in Larsen & Toubro Limited

Project Manager Salary

(52 salaries)

₹9.5 L/yr - ₹36 L/yr

Team Lead Salary

(15 salaries)

₹7.14 L/yr - ₹18 L/yr

Deputy Manager Salary

(13 salaries)

₹7.5 L/yr - ₹15.5 L/yr

Program Manager Salary

(10 salaries)

₹15 L/yr - ₹30.5 L/yr

Team Manager Salary

(6 salaries)

₹13.5 L/yr - ₹21.1 L/yr

Area Manager Salary

(4 salaries)

₹7.43 L/yr - ₹24.75 L/yr

Salary related reviews for Larsen & Toubro Limited

Manager M1 in Kalaburagi

Production Planning & Control Department

4.0

• posted on 26 Apr 2022

4.0

for Salary and Benefits

Likes

Providing Challenging environment help to Develop our skill. Salary on time. Different culture people collaboration will be make working environment fun

Salary - Good

+3 more

Dislikes

Internal politics wont let us to elevate easily, even after our full effort and success in task.

Program Manager in Coimbatore

Full Time

Engineering - Software & QA Department

1.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

Only salary on time

Dislikes

Works like a kindergarten school No r delayed promotion They Hold Variable component for 1 year Most of the salary component stuffed into variable High work pressure No work from home option

Salary - Bad

+6 more

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

Project Manager in New Delhi

Full Time

Project & Program Management Department

1.0

• posted on 30 Aug 2022

1.0

for Salary and Benefits

Likes

Salary gets credited on time. Job security.

Dislikes

...countability and processes not defined properly and due this blame game happens. Very low salary growth. Highly Biased appraisal. Not for MBAs. Good for engineering graduates

Salary - Bad

+5 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Larsen & Toubro Limited

View All

a legal consultant

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.

Got a question about Larsen & Toubro Limited?

Ask anonymously on communities.

Larsen & Toubro Limited Manager M1 Salary FAQs

What is the salary of Manager M1 at Larsen & Toubro Limited in Chennai?

The average salary of a Manager M1 at Larsen & Toubro Limited in Chennai typically ranges from ₹13.5 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Manager M1 in Chennai at Larsen & Toubro Limited earn more than ₹19.7 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Manager M1 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 6 Larsen & Toubro Limited employees in India.

What is the estimated take home salary of a Manager M1 at Larsen & Toubro Limited in Chennai?

The estimated take-home salary of a Manager M1 at Larsen & Toubro Limited in Chennai typically ranges from ₹1,08,798 to ₹1,11,804 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 10 years to 13 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 6 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 Manager M1 in India?

Capgemini

₹15.7 Lakhs to ₹21.0 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.

What is the salary of a Manager M1 in companies similar to Larsen & Toubro Limited in Chennai?

The salary of a Manager M1 at companies similar to Larsen & Toubro Limited in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Afcons Infrastructure	₹14.1 Lakhs to ₹18.0 Lakhs per year
ICICI Bank	₹5.8 Lakhs to ₹13.0 Lakhs per year
Equitas Small Finance Bank	₹6.0 Lakhs to ₹11.0 Lakhs per year
HDFC Bank	₹5.5 Lakhs to ₹11.0 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 Larsen & Toubro Limited in Chennai?

The salary growth for a Manager M1 at Larsen & Toubro Limited in Chennai depends on factors such as experience, performance, and promotions. On average, a Manager M1 in Chennai can expect the following growth trajectory at Larsen & Toubro Limited:

Experience	Average Salary Range
10 years	₹15.1 Lakhs to ₹19.3 Lakhs per year
11 years	₹14.9 Lakhs to ₹19.0 Lakhs per year
12 years	₹14.7 Lakhs to ₹18.7 Lakhs per year
13 years	₹14.4 Lakhs to ₹18.4 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Larsen & Toubro Limited Salaries >
Larsen & Toubro Limited Manager M1 Salaries >
Larsen & Toubro Limited Manager M1 Salaries in Chennai

Larsen & Toubro Limited Manager M1 salary in Chennai ranges between ₹13.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.