OLA Electric Mobilit balance sheet is weak and might have solvency issues

Yes, The net debt of OLA Electric Mobilit is increasing.
Latest net debt of OLA Electric Mobilit is -₹473 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹936.96 Crs.

No, profit is decreasing.
The profit of OLA Electric Mobilit is -₹2,276 Crs for TTM, -₹1,584.4 Crs for Mar 2024 and -₹1,472.08 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.
OLA Electric Mobilit 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