Mahindra Satyam reported a net loss of Rs. 124.6 crore for FY 2010 with net sales of Rs. 5481 crore. The chairman said publishing the earnings marks a new beginning and that while progress has been made, full recovery will take 1-2 more years. Mukesh Ambani remained the richest Indian but saw his wealth decline 15% while the second richest Indian saw a 13% drop in wealth.