Shares of Zomato drop 6% following Q4 earnings. A chance to purchase the stock?

After the company released its Q4 earnings on Tuesday, the price of Zomato's stock dropped by 6% in early trading. On the BSE, Zomato shares dropped as much as 5.98% to ₹182.10 a share. In contrast to a loss of ₹188 crore during the same period last year, the food delivery platform Zomato recorded a consolidated net profit of ₹175 crore in the fourth quarter of FY24. From the ₹138 crore reported in the December quarter, the net profit increased by 27%. Zomato's operating revenue in Q4FY24 climbed by 73% YoY to ₹3,562 crore from ₹2,056 crore. Across B2C enterprises, gross order value (GOV) increased in the March quarter, reaching ₹13,536 crore, or 51% YoY. The business reported ₹86 crore in EBITDA at the operating level, up from