Earnings per share (Tables)

12 Months Ended

Mar. 31, 2017

Earnings per share

Schedule of computation of basic and diluted net income per share

	Year ended March 31,
	2015		2016		2017
	(in millions of RMB, except share data and per share data)
Numerator:
Net income attributable to ordinary shareholders for computing net income per ordinary share – basic		24,149		71,460		43,675
Reversal of accretion of Convertible Preference Shares		15		—		—
Reversal of dividend of Convertible Preference Shares		97		—		—
Dilution effect arising from share-based awards issued by a subsidiary and equity investees		—		—		(11	)
Net income attributable to ordinary shareholders for computing net income per ordinary share – diluted		24,261		71,460		43,664
Shares (denominator):
Weighted average number of shares used in calculating net income per ordinary share – basic (million shares)		2,337		2,458		2,493
Adjustments for dilutive share options and RSUs (million shares)		120		104		80
Conversion of Convertible Preference Shares (million shares)		43		—		—
Weighted average number of shares used in calculating net income per ordinary share – diluted (million shares)		2,500		2,562		2,573
Net income per ordinary share/ADS – basic (RMB)		10.33		29.07		17.52
Net income per ordinary share/ADS – diluted (RMB)		9.70		27.89		16.97