gross profit vs profits

gross profit and profits both are nouns.

Word	Noun	Adjective	Verb	Adverb
gross profit	Yes	No	No	No
profits	Yes	No	No	No

As nouns, profits is a hypernym of gross profit; that is, profits is a word with a broader meaning than gross profit:

gross profit: (finance) the net sales minus the cost of goods and services sold
profits: the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

Other hypernyms of gross profit include earnings, lucre, net, net income, net profit, profit.

gross profit (noun)	profits (noun)
(finance) the net sales minus the cost of goods and services sold	the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
	something won (especially money)