Balance sheet of Interglobe Aviation is moderately strong.

Yes, The debt of Interglobe Aviation is increasing.
Latest debt of Interglobe Aviation is -₹14,839.3 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹31,547.74 Crs.

The profit is oscillating.
The profit of Interglobe Aviation is ₹6,635 Crs for TTM, ₹8,172 Crs for Mar 2024 and -₹305.79 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.
Interglobe Aviation 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