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Turtlemint Fintech balance sheet is weak and might have solvency issues
Yes, The net debt of Turtlemint Fintech is increasing.
Latest net debt of Turtlemint Fintech is -₹366.83 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹535.68 Crs.
The profit is oscillating.
The profit of Turtlemint Fintech is -₹194.1 Crs for Mar 2025, -₹193.35 Crs for Mar 2024 and -₹288.18 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.
Turtlemint Fintech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets