Will L&T meet Street expectations?

With most of the index heavyweight companies failing to beat analysts' expectations, marketmen are now eyeing Larsen & Toubro financial performance. The engineering and capital goods major is scheduled to announce its January-March financial performance on Monday. The company is seen (consensus of 33 analysts from Bloomberg) reporting a net profit of Rs 1,670 crore and and net sales of Rs 18,740 crore. Analysts see weak order inflow, higher input costs, and interest outgo to weigh on the company. Besides L&T, companies such as Adani Power, Ashok Leyland, Havells India, Indraprastha Gas, IVRCL, JSW Steel, Manappuram Finance and McNally Bharat Engineering will also be declare their financial performance on Monday.