ARSS Infra Project balance sheet is weak and might have solvency issues

Yes, The net debt of ARSS Infra Project is increasing.
Latest net debt of ARSS Infra Project is ₹1,592 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹1,486 Crs.

No, profit is decreasing.
The profit of ARSS Infra Project is -₹125.65 Crs for TTM, -₹34.84 Crs for Mar 2024 and ₹5.92 Crs for Mar 2023.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
ARSS Infra Project latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory