profits vs net income

profits and net income both are nouns.

Word	Noun	Adjective	Verb	Adverb
profits	Yes	No	No	No
net income	Yes	No	No	No

As nouns, profits and net income are synonyms defined as:

profits and net income: the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

Other synonyms of profits include earnings, lucre, net, net profit, profit.

profits (noun)	net income (noun)
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)	the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
something won (especially money)