Tata Consultancy Services (TCS) announced that the United States Supreme Court has denied its petition for a writ of certiorari regarding the lawsuit filed by Computer Sciences Corporation/DXC Technology Company. The court’s decision was made on June 15, 2026. TCS had previously provided USD150 million and will now make an additional provision of USD70 million in Q1 FY2027 for damages, interest, and legal costs as a one-time exceptional expense.
Supreme Court Decision on DXC Technology Lawsuit
In a significant development concerning the legal matter involving Computer Sciences Corporation/DXC Technology Company, Tata Consultancy Services (TCS) has confirmed that the United States Supreme Court has denied its petition. The petition sought a writ of certiorari to review a judgment previously made by the United States Court of Appeals for the Fifth Circuit. This denial was officially noted on June 15, 2026.
Financial Impact and Provisions
TCS has already accounted for USD150 million in its books concerning this lawsuit, in compliance with applicable accounting standards. Following the Supreme Court’s decision, the company will now make an additional provision of USD70 million. This incremental amount is intended to cover damages, interest, and legal costs. It will be recognized as a one-time exceptional expense in the first quarter of the financial year 2027 (Q1 FY2027).
Record Keeping
This update is being provided for the information and official record of the stock exchanges.
Source: BSE
