Balance sheet of GFL is strong.
It shouldn't have solvency or liquidity issues.

Yes, The debt of GFL is increasing.
Latest debt of GFL is -₹0.99 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹2.48 Crs.

No, profit is decreasing.
The profit of GFL is -₹24.71 Crs for TTM, -₹7.57 Crs for Mar 2024 and ₹2,248 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.
GFL 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, Accounts Receivable, Short Term Loans & Advances