Loan Receivables

12 Months Ended

Mar. 31, 2024

Receivables [Abstract]

Loan Receivables

8 LOAN RECEIVABLES

	As of March 31,
	2023			2024
	RMB			RMB
Loan receivables - principal		60,633			35,229
- service fee		261			284
Allowance for credit losses		(28,665	)		(3,949	)
Loan receivables, net		32,229			31,564

Movement of allowance for credit losses is as follows:

	For the year ended March 31,
	2022			2023			2024
	RMB			RMB			RMB
Balance at beginning of year		(28,615	)		(28,195	)		(28,665	)
Cumulative effect of adoption of new accounting standard (Note 2 (k))		—			—			(1,312	)
Reversals/(provisions)		420			(470	)		(167	)
Write-off		—			—			26,195
Balance at end of year		(28,195	)		(28,665	)		(3,949	)