Infra Industries balance sheet is weak and might have solvency issues

Yes, The debt of Infra Industries is increasing.
Latest debt of Infra Industries is ₹4.08 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1.78 Crs.

No, profit is decreasing.
The profit of Infra Industries is -₹4.83 Crs for TTM, -₹3.99 Crs for Mar 2024 and -₹0.56 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.
Infra Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Short Term Loans & Advances