The company's revenue stood at Rs 11,270 crore, while the EBITDA came in at Rs 3,650 crore
The bankers will initiate discussions with potential buyers for the fibre assets, which could be valued at as much as Rs 130 billion ($1.9 billion), the sources said
The company is also planning to raise Rs 25,000 crore through a rights issue to fund its capital expenditure and pare debt.