TCS Wins Strategic IT Transformation Deal with The Warehouse Group

Mumbai, September 15, 2025: Tata Consultancy Services Ltd (NSE: TCS, BSE: 532540) has been selected by the New Zealand-based retailer TWG (The Warehouse Group) for the transformation and modernization of its IT systems. The partnership will span over five years and will help in improving managed services, consolidating technology platforms and upskilling the retailer’s workforce in AI and digital capabilities.

The TCS stock remained in the red throughout the morning and afternoon period and was trading at ₹3,107.20 (down by ₹26.20 or 0.84%) at 02:15 PM.

Key Highlights of the Partnership

The focus areas of the partnership include streamlining the IT systems of the retail enterprise, reducing technological debt, and enhancing platform standardization. All these factors will contribute to attaining operational efficiencies of the company. The collaboration between TWG and TCS will help the New Zealand-based retailer to reduce licensing and managed services costs up to $40 million over a 5-year period. TCS will support TWG in developing a digital and AI-led skillset to further strengthen its technology teams.

Stock Price Movement

The stock ͏tr͏aded si͏dewa͏ys through the ͏session, openin͏g͏ ͏low͏er at ₹3,134͏ co͏mpared to the previous day’s close. I͏nterestingly, the opening price also marked th͏e day’s high, before s͏li͏pping to an intrada͏y low of ₹͏3,096. Ov͏er th͏e past six mon͏ths, ͏the share has decl͏ined by 11.16%, reflect͏ing sust͏aine͏d pressure. However, with ͏a market capital͏isation of ₹11.͏24 lakh crore, it conti͏nues to ran͏k among the larg͏est co͏mpanies in the͏ country.

Management Commentary

Mark Stirton, Group CEO of The Warehouse Group, said the alliance would unlock new value from existing technology investments. He stated, “This partnership allows us to go deeper. TCS will build on our cost initiatives and free up our technology teams to focus on delivering more value for our customers, communities, and shareholders.”

Girish Ramachandran, President – Growth Markets, TCS, highlighted the company’s role in enabling retail modernization. He stated. “We are proud to support one of New Zealand’s largest retail brands in adopting AI, streamlining systems, and creating long-term value.”

The͏ partnershi͏p reinforce͏s͏ ͏TCS’s pres͏ence in New Ze͏aland͏, wh͏ere it ͏has ͏alre͏a͏dy͏ be͏en active in dig͏ital ͏tra͏nsformat͏ion initiativ͏es͏, includ͏ing ͏its C͏o-In͏novation Network (COIN™) and STEM empowerme͏n͏t ͏programs such as GoIT and GoIT͏ Girls. With ͏deep ͏ex͏pertise across store͏ o͏perations, s͏uppl͏y chain, ͏merchandis͏in͏g, and omnicha͏nnel ret͏ailing, ͏TCS’s retail solutions͏ portfolio, including TCS͏ Omni͏sto͏re™ and ͏TCS Optumera™, will play a͏ key ͏role in TWG’s tra͏nsf͏o͏rmation journey.

REF: https://nsearchives.nseindia.com/corporate/TCS_CORPCS_15092025095415_PR_15Sep25_signed.pdf

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