Infosys shares slump in pre-open trade; revenue fcast disappoints

MUMBAI, Oct 12 (Reuters) - Shares in Infosys Ltd, India's No.2 software exporter, fell 7.23 percent in pre-open trade after the company's revenue growth forecast for the fiscal year failed to meet market expectations.

Infosys Ltd , India's No.2 software services exporter, reported a 24 percent rise in quarterly profit, meeting expectations, due to higher demand for its outsourcing services by Western clients looking to cut costs.

(Reporting by Abhishek Vishnoi And Manoj Dharra)

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