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TCS to take $70 million one-time Q1 FY27 charge
short by / on Tuesday, 16 June, 2026
TCS will recognise an additional $70 million provision after the US Supreme Court denied review of its legal dispute with CSC/DXC Technology Company. The amount will be recorded as a one-time exceptional expense in Q1 FY27. Including the earlier $150 million provision, the total financial impact of the matter reaches $220 million.