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Other Income, Net (Tables)
12 Months Ended
Mar. 31, 2023
Other Income and Expenses [Abstract]  
Summary of Other Income, Net

 

For the year ended March 31,

 

 

2021

 

 

2022

 

 

2023

 

 

RMB

 

 

RMB

 

 

RMB

 

Government grants

 

 

15,819

 

 

 

8,608

 

 

 

7,244

 

Merchant penalty income(1)

 

 

12,383

 

 

 

8,598

 

 

 

5,009

 

Refund from depositary bank (Note 15(3))

 

 

12,096

 

 

 

4,058

 

 

 

1,281

 

Exchange gains/(losses)

 

 

5,574

 

 

 

1,214

 

 

 

(8,547

)

Gains/(losses) on disposal of property and equipment

 

 

1,468

 

 

 

(448

)

 

 

503

 

Others

 

 

2,545

 

 

 

3,397

 

 

 

1,777

 

Total

 

 

49,885

 

 

 

25,427

 

 

 

7,267

 

(1) Merchant penalty income represents the penalties charged to the merchants that have quality and/or service issues based on the agreements with the merchants. The Company may use the penalty received from the merchants to settle its users’ complaints. The penalties are therefore recorded in other payables when received and recognized as other income when the Company considers the possibility of the penalty to be paid out is remote.