Lexoraa Industries balance sheet is weak and might have solvency issues

Yes, The debt of Lexoraa Industries is increasing.
Latest debt of Lexoraa Industries is ₹0.81 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹0.5 Crs.

The profit is oscillating.
The profit of Lexoraa Industries is -₹0.24 Crs for Mar 2024, ₹0.21 Crs for Mar 2023 and -₹0.09 Crs for Mar 2022

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Lexoraa Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets