It took approximately 20 months of inquiring and intelligence of hundreds of forensic expert. They tried hard to source out the amount of the biggest industrial scam of the country ever happen. Lastly they were able to figure out the exact amount of financial irregularities on its balance sheet. The amount is _ a massive Rs 7,855.3 crore.

According to the regurgitated financial records of the company, the entire bang of the monetary wrongdoing in Satyam resembles the figure that was confessed by the ruined initiator of the company B Ramlingan Raju. He stated in his letter of January 7, 2009 that the sum total of the misdeed was about 7,100 crore.

The reiterated accounts, which were released on Wednesday, have enumerated the impact of irregularities at about Rs6, 242.8 crore up to April 1, 2008 and Rs1, 612.5 crore following to that date.

The worst days for the company started when his son aborted bid to take over two properties in 2008. Consequently, Raju had to confess about his misdeed. He fabricated the books of the company to show forged revenues, incomes and also customers.

Tech Mahindra took over the company in April 2009 and is working on refiguring the account and analyzing the true fiscal health of the company. Vineet Nayyar, Satyam’s chairman said “The magnitude and the complexity of the irregularities were to be found out and the process was torturous,”

The company has restated its accounts for two financial years’ —-FY09 and FY10. For the year ended March, 2009, Satyam had revenue of about `8,812.6 crore and a net loss of about `8,176.8 crore. For the year ended March, 2010, Satyam had revenue of about Rs5, 481 crore and a net loss of about Rs124.6 crore. Satyam is now gearing up to announce the financial recital for the first two quarters of the current financial year during mid-November 2010.