Earnings per share (Tables)

12 Months Ended

Mar. 31, 2018

Earnings per share

Schedule of computation of basic and diluted net income per share/ADS

	Year ended March 31,
	2016		2017			2018
	(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		71,460		43,675			63,985
Dilution effect arising from share-based awards issued by a subsidiary and equity investees		—		(11	)		(21	)
Net income attributable to ordinary shareholders for computing net income per ordinary share — diluted		71,460		43,664			63,964
Shares (denominator):
Weighted average number of shares used in calculating net income per ordinary share — basic (million shares)		2,458		2,493			2,553
Adjustments for dilutive share options and RSUs (million shares)		104		80			57
Weighted average number of shares used in calculating net income per ordinary share — diluted (million shares)		2,562		2,573			2,610
Net income per ordinary share/ADS — basic (RMB)		29.07		17.52			25.06
Net income per ordinary share/ADS — diluted (RMB)		27.89		16.97			24.51