The company said it expected to take a pre-tax charge of about $1.05 billion in the second quarter due to the health and welfare changes in the newly-ratified plan. (http://link.reuters.com/kup78v)

The company reported a 12 percent fall in first-quarter profit earlier on Thursday.

(Reporting By Sampad Patnaik in Bangalore; Editing by Savio D'Souza)