TCS books USD70m charge after US Supreme Court denies DXC appeal

Tata Consultancy Services will book a one-time exceptional provision of USD70 million in Q1 FY2027 after the United States Supreme Court denied its petition to review a judgment in a suit filed by DXC Technology. The provision covers damages, interest, and legal costs following the court's decision on June 15, 2026. The company had previously set aside USD150 million in its books of accounts for this matter in accordance with applicable accounting standards.

Legal Background

The Supreme Court's denial of the writ of certiorari concerns the judgment by the United States Court of Appeals for the Fifth Circuit. This legal development necessitates the incremental financial provision, which Tata Consultancy Services will record as an exceptional expense in the first quarter of the upcoming fiscal year.

Financial Impact

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the total financial impact related to the suit will now include the new provision in addition to the amount already accounted for. The following table summarises the key financial details related to the matter:

Financial Detail	Amount
Previous Provision	USD150 million
New Provision (Q1 FY2027)	USD70 million
Nature of Expense	One-time exceptional expense

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.95%	+0.04%	-3.81%	-35.50%	-38.86%	-35.51%

Tata Consultancy Services has entered a multi-year strategic partnership with Tottenham Hotspur Football Club to serve as its Digital Transformation Partner. The collaboration aims to deliver advanced solutions across fan engagement, club operations, and the broader digital ecosystem. This partnership leverages TCS' capabilities in Salesforce and Cybersecurity to support the club's digital operations and modernize systems.

Partnership Scope and Objectives

Tottenham Hotspur, which recently won the UEFA Europa League in the 2024–25 season, seeks to deepen fan engagement and enhance user experiences across its digital touchpoints. TCS will enable advanced analytics and insights to help the club harness data and build a future-ready digital platform. The collaboration is expected to create more connected and intuitive digital experiences for fans worldwide.

Key Partnership Details:
Partner:	Tottenham Hotspur Football Club
Role:	Digital Transformation Partner
Focus Areas:	Fan engagement, club operations, digital ecosystem
Key Capabilities:	Salesforce, Cybersecurity, advanced analytics

Stakeholder Perspectives

Ryan Norys, Chief Revenue Officer at Tottenham Hotspur, highlighted the importance of the partnership in driving the club's digital transformation. He noted that TCS' expertise in delivering large-scale infrastructure projects with global brands will be invaluable. Girish Ramachandran, President, TCS Growth Markets, expressed delight in partnering with the club, citing its rich legacy and strong global fan following. He emphasized that combining data, technology, and design would help deepen engagement with fans.

Phil Fersht, CEO and Founder of HFS Research, also commended the partnership, noting that sport and entertainment are key proving grounds for technological impact.

TCS' Presence in the UK

The partnership reflects TCS' long-standing presence in the UK, where it has operated for 50 years and works with over 200 top brands. The company recently committed to creating 5,000 new jobs across the UK in the next three years. TCS has been ranked the number one IT service provider for customer satisfaction in the UK in an independent survey of CIOs from the largest IT spending organisations in the country.